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    Home » Global Payment Giant Visa Gives Nod to First Australian Card for Spending Bitcoin
    Indices News

    Global Payment Giant Visa Gives Nod to First Australian Card for Spending Bitcoin

    July 14, 20211 Min Read
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    Crypto debit cards are gaining popularity as Visa gives approval to Australian startup CryptoSpend to release a spending card in Australia.

    • The Sydney-based crypto spending app announced Visa’s approval for them to issue physical debit cards that will allow Australians to spend their Bitcoin at the local merchants.
    • In an interview, CryptoSpend co-founders said the new card will be issued by Novatti, a major local payments company and is expected to enter the market in September.
    • The upcoming crypto debit card will enable users to spend their major cryptocurrencies including Bitcoin, XRP, ETH, and Bitcoin Cash.

    CryptoSpend co-founder Andrew Grech says the card would enable Australians to cash out their Bitcoin returns rather than selling the cryptocurrency.

    BTC gains 0.85%, ETH gains +1.45%, XRP dips -0.05%, BCH gains +1.07%

    Source: Cointelegraph.

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