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- Visa and Mastercard are holding off on forging new partnerships with crypto firms, Reuters reported on Tuesday.
- The payments companies are pressing pause after a run of stunning industry collapses, such as FTX's bankruptcy.
- The companies are delaying certain launches until the market and regulatory environments improve.
Visa and Mastercard are holding off on forging new partnerships with crypto firms after a run of major collapses rattled faith in the industry, Reuters reported Tuesday.