Mike Novograz said when Visa and MasterCard will start accepting Bitcoin.

According to Galaxy Digital CEO Mike Novograz over the next 18 months, the largest payment systems Visa and MasterCard will begin to process transactions with Bitcoin.

Novograz said that the largest corporations such as MasterCard, Visa, Uber, PayPal have already taken a step towards the cryptocurrency industry, confirming their readiness to finance the Libra project.

The adoption of this token as a financial instrument will be the first step in the transition to bitcoin. In the near future, we will see how the infrastructure for processing transactions with digital currencies is being shaped by the example of Facebook token, and after about 18 months Visa and MasterCard will start servicing transactions with BTC, Novograts noted.

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