Tuesday, November 30, 2021

Fintech firm Crypto.com is launching crypto-linked Visa Cards in Australia.

The Takeaway:

The global fintech firm Crypto.com is set to accelerate its growth in Australia as the firm announced the direct issuance of the Crypto.com Visa Card down under.

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The global cryptocurrency platform Crypto.com is set to accelerate its growth in Australia. Starting with the direct issuance of the Crypto.com Visa Card in Australia, the company is unveiling a raft of new initiatives and a senior appointment to boost engagement as the local market becomes ripe for disruption. Crypto.com noted that it is focused on increasing the practical use of cryptocurrency in everyday life by offering the easiest, most secure, and regulatory compliant crypto platform.

 

Crypto.com is looking to make Australia a key focus of its global expansion strategy.

The global fintech firm is looking to make Australia a key focus of its global expansion strategy. A significant part of this plan is the appointment of industry veteran Karl Mohan as its new General Manager for Asia-Pacific (APAC). Based in Melbourne, Mohan joins Crypto.com with over two decades of experience in financial services, payment, and business consulting, including the launch of ZipPay globally. Mohan had also served in various senior roles at National Australia Bank (NAB), including as its Head of Growth and Partnerships. 

 

“Australians are eager to adopt cryptocurrency and blockchain technology.”

Karl Mohan, General Manager APAC, said, “Australians are eager to adopt cryptocurrency and blockchain technology, with over one in five currently holding crypto in their portfolio. Australia’s regulators are actively working to create a crypto-friendly environment that puts consumer protections at the fore. We are committed to working collaboratively with regulators now and into the future.” Available in more than 30 countries across North America, Europe, and Asia, the Crypto.com Visa Card is among the world’s most popular crypto-linked cards.

 

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Disclaimer: The article reflects the opinions of the author and is not representative of Chaintimes’ views.
The article does not offer any investment advice. User discretion is advised when investing in or trading with cryptocurrency. Extensive and diligent research should be carried out by the reader before making a decision.

Jai Pratap
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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