Business & Finance

Reuters ahead with market-moving news on Visa shift on cryptocurrency

Reuters was ahead in reporting the market-moving shift from Visa that will see the world’s biggest credit card payment network allow the use of the cryptocurrency USD Coin to settle transactions. The move is the latest shift towards broader mainstream acceptance of digital currencies, and comes as finance firms, including BNY Mellon, BlackRock Inc and Mastercard Inc, take steps to make more use of cryptocurrencies for investment and payment purposes.

Market Impact

Bitcoin jumped as much as 4.5% on the news, moving back towards record highs above $60,000 per coin.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & FinanceEquitiesFinancial Services
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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