Digital Currencies are now moving forward as many firms are doing their best to normalize the usage to the masses. Now the new story coming from CNBC, Schulze, is pointing out that after starting in the UK in April, the digital exchange Coinbase is launching a cyprtlcurreny debit card in six other counter in Europe.
The card allows users who have accounts with Coinbase to use Bitcoin, ethereum and litecoin in stores and online with any merchant that accepts Visa. Starting on Wednesday of this week, the Coinbase Card will be accepted in Spain, Germany, the Netherlands, Italy, Ireland and France. The initial 1,000 cards were offered to users for free. The firm did not give out more details, but clearly the idea of cryptocurrency being accepted as a in several countries across Europe as a trusted vehicle for doing business is now gaining momentum.
The card also comes in a mobile app and syncs with Coinbase accounts. Start-ups, banks and tech companies are increasingly trying to make payments and trading more accessible for those who are hooked on crypto. And as per out videos, the 2018 year was a great year for crypto and blockchain. Coinbase was recently valued at $8 billion dollars according to information on CNBC.
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