Bitcoin Debit Card News
The idea of creating plastic cards pegged to Bitcoin has been developed from the start of the appearance of Bitcoin in 2008. In 2011-2012, the Bitcoin community started discussing the real possibility of issuing Bitcoin debit cards and their prospects. The attractiveness of this idea is obvious to investors, developers and users, as BTC debit cards could significantly facilitate the use of virtual currency in daily life and, consequently, popularize cryptocoins. By replenishing such cards with Bitcoin, it is possible to pay in shops which don’t accept Bitcoin, as it will be converted into fiat currency automatically. In 2015-2016, the number of projects related to virtual money debit cards began to grow, so currently a cryptocurrency holder can choose among over 25 companies.
The American Express executive said that the firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.
ECB exclusive: Crypto payments ‘not currently cost-effective,’ Amex exec says
Mastercard is angling to become the go-to for governments and private entities when testing and rolling out central bank digital currencies or stablecoins.
We have to be in the crypto space, Mastercard CEO says
This spring, crypto-related transactions using Visa were a significant boost to the company’s cross-border volume, although this effect is beginning to wane.
Crypto frenzy may be winding down, Visa CFO says
Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month.
Ukrainian e-bank plans to offer Bitcoin trading in July
Whitelisted Coinbase Card users will be able to use crypto to pay via Apple Pay and Google Pay while earning up to 4% in rebates.
Coinbase debuts crypto rebate for online shopping via Apple Pay and Google Pay
StormX has quietly rallied more than 2,800% since February as the project's crypto rewards program and plans to launch a debit card bear fruit for early investo...
3 reasons why StormX (STMX) price has rallied 2,800% in 2021
Cryptocurrency exchange platform and card issuer Crypto.com has partnered with Visa and plans to debut fiat lending.
Crypto.com becomes a principal member of the Visa network