Mark Mason
Well-known member
Cryptocurrency Debit Cards Provide Temporary Bridge for Usability Gap
Cryptocurrency debit cards are becoming more prominent as consumers are looking for easy ways to spend their cryptocurrency until mass adoption occurs.
A new Forbes article focused on Wirex and how it was able to gain UK Financial Conduct Authority approval, which is a significant and by no means an easy step. The e-money license will allow Wirex to “operate in 23 countries from the European Union as well as issue personal International Banking Numbers, legal ATM cards, exchange services and hold client funds in segregated accounts instead of company accounts”. Pavel Matveev, one of Wirex founders, said he believes there is room for both cryptocurrencies and the traditional banking framework.
Read more - https://www.dashforcenews.com/cryptocurrency-debit-cards-provide-temporary-bridge-for-usability-gap/
Cryptocurrency debit cards are becoming more prominent as consumers are looking for easy ways to spend their cryptocurrency until mass adoption occurs.
A new Forbes article focused on Wirex and how it was able to gain UK Financial Conduct Authority approval, which is a significant and by no means an easy step. The e-money license will allow Wirex to “operate in 23 countries from the European Union as well as issue personal International Banking Numbers, legal ATM cards, exchange services and hold client funds in segregated accounts instead of company accounts”. Pavel Matveev, one of Wirex founders, said he believes there is room for both cryptocurrencies and the traditional banking framework.
Read more - https://www.dashforcenews.com/cryptocurrency-debit-cards-provide-temporary-bridge-for-usability-gap/