(Removed statement “However, the company had acknowledged that it could probably support bitcoin as a payment method.”)
Visa, one of the leading global credit card processing firm, is planning to begin its research on bitcoin and blockchain, as stated in a latest report.
Rajat Taneja, Visa executive vice president of technology, told LiveMint that the research will be conducted in the company's innovation labs, which are dedicated on developing its Visa Checkout and mVisa products.
"India will soon have teams that will jointly work with our two research labs in US and Singapore in studying the many aspects of blockchain", Taneja told LiveMint.
Visa has for long maintained an indifferent stance on blockchain technology and had stated that it does not consider it as a business threat. The report also suggested that Visa could perhaps consider joining hands with companies like Infosys and Tata Consultancy Services to work on blockchain projects.


FxWirePro- Major Crypto levels and bias summary
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K
Bitcoin Smashes $93K as Institutions Pile In – $100K Next?
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded 



