Sentences with phrase «backed cryptocurrency debit»
Wirex already specializes in offering visa - backed cryptocurrency debit cards, however this new Joint Venture between...
https://kryptomoney.com/ Not exact matches
LONDON — Fintech startup Revolut is planning to launch a new metal debit card that will let customers claim 1 % cash back in cryptocurrencies, its CEO has told Business Insider.
PECUNIO is a multifunctional investment platform, a cryptocurrency debit card, a free digital currency exchange and an asset backed token provider.
The SEC announced on Monday that it was charging the founders of Centra Tech with fraud based on claims the company made about their suite of cryptocurrency related products such as e-wallets and major credit card backed prepaid debit cards.
They claimed, for example, to offer a debit card backed by Visa and MasterCard that would allow users to instantly convert hard - to - spend cryptocurrencies into U.S. dollars or other legal tender.
Fortune questioned the need for a prepaid bitcoin debit card, like TenX cards, which basically converts cryptocurrency back into fiat at the point of purchase anyway.
Centra sold $ 32 million in «CTR Tokens» to investors in September, saying it planned to create a cryptocurrency debit card backed by Visa and Mastercard that could be used at stores just like a credit card.
According to the SEC, the pair allegedly claimed that the funds raised in the ICO would build financial products, including a Visa or Mastercard - backed debit card that can instantly convert cryptocurrencies into US dollars or other legal tender.