Visa (NYSE:V) CEO Al Kelly said that the cryptocurrency market was not a threat to his financial services company, at least in the short term. However, he told CNBC that Visa was ready to turn to crypto-oriented systems if or when the crypto space is mature enough.
Speaking during Jim Cramer’s Mad Money show, Kelly said:
“I think there has to be some market that it becomes somewhat like a fiat currency in order for us to be comfortable.”
At this point, cryptocurrencies are “certainly” not a threat to Visa, both in the short and the medium term, Kelly added.
Visa’s CEO will consider entering this industry when cryptocurrencies cease to be mor...
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