“Coinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member.

Announcing the news on its blog Wednesday, the firm said the news marks it as the “first pure-play crypto company” to be approved by the credit card giant.

Coinbase has been working with Visa since 2019 when it launched its Coinbase Card in the UK. The debit card allows users to spend cryptocurrency as cash anywhere Visa is accepted. The card has since been made available in 29 markets with 10 cryptocurrencies supported…”

Read More: https://www.coindesk.com/coinbase-becomes-first-pure-crypto-firm-approved-as-visa-principal-member