**News Flash: Visa and Coinbase Team Up for Instant Crypto Transactions**
Visa and Coinbase have announced a new partnership allowing users with eligible Visa debit cards to instantly deposit and withdraw funds from their Coinbase accounts. This service will be available to customers in the U.S. and the EU, offering real-time delivery of account funds.
Key Points:
- Visa debit cardholders can now buy crypto on Coinbase and cash out to bank accounts instantly.
- Yanilsa Gonzalez Ore of Visa Direct emphasized that this partnership enables 24/7 trading opportunities for Coinbase users.
- The collaboration comes amid a cautious period for crypto offerings following the FTX collapse in 2022.
- The EU's MiCA regulation has provided legal clarity for crypto service providers like Coinbase.
- In the U.S., major crypto firms are investing in political campaigns, hoping for favorable regulations post-election.
Visa has a history of working with Coinbase, powering its crypto debit cards, and recently inked a similar deal with FV Bank.