In line with a recent official ‘announcement‘ published, renowned American crypto-currency exchange namely ‘Coinbase’ has launched Coinbase Card, that permits its United Kingdom-based customers to pay in-store and on-line with cryptocurrency.
The Coinbase Card is a Visa based debit card powered by customers’ Coinbase account cryptocurrency balances, that permits them to make purchases with ‘cryptocurrencies‘ globally. Coinbase instantly converts customers’ cryptocurrency funds into the standard fiat currency so as to complete the purchase.
Coinbase conjointly revealed that the Coinbase Card applications for iOS and Android, that links customers’ Coinbase accounts with the application and permits them to choose a specific wallet to fund their Coinbase Card. The app also offers access to receipts, transactional summaries, spending categories, along with several other features. The card reportedly supports all digital assets offered to buy and sell on the Coinbase platform.
The card is issued by authorized and regulated as an electronic money institution namely ‘Paysafe Financial Services Ltd’. Presently, Coinbase Card is also available for the purchasers within the U.K., however, Coinbase reportedly plans to feature this support for other alternative European countries within the mere future.
Within this month, Visa itself ‘revealed‘ a cryptocurrency and ‘blockchain‘-related job opening. The firm is apparently seeking somebody to fill the position of Technical Product Manager at Visa Fintech at its Palo Alto workplace. The position’s description added that a candidate ought to have an in-depth knowledge of DLT [Distributed Ledger Technology] as well as the cryptocurrency business.