I'm wondering if cryptocurrencies have the potential to replace FTX in the future. With the increasing popularity and adoption of crypto, could it eventually take over traditional financial systems like FTX?
Visa, a major competitor, terminated its global credit card agreements with FTX in November.
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CryptoEmpireGuardMon Nov 25 2024
However, in February, American Express reversed its stance and indicated that it did not foresee cryptocurrency replacing its primary payment and lending services in the NEAR future.
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ChiaraMon Nov 25 2024
This decision by Visa came as a significant blow to FTX, highlighting the challenges the cryptocurrency exchange was facing.
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SsangyongSpiritedStrengthMon Nov 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts.
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LorenzoMon Nov 25 2024
American Express, another prominent financial institution, had previously expressed interest in using cryptocurrency as a redemption option for reward points.