Blockchain.com offers its users the option to register on the waiting list to take advantage of its crypto card in partnership with Visa and Marqueta. Despite the current bear market, bankruptcies, hacks, exit scams and legislators constantly announcing new restrictions, the big names in the cryptosphere are doing quite well and mostly continue to innovate.
Despite all the disasters of the past or expected to come, the big names in the cryptosphere continue to innovate and offer new services. These are excellent signals for investors as many governments look to impose their CBDCs, centralized digital currencies, for even greater control over citizens. Finally, we even have the impression of attending a shallot race.
Prepaid Visa Crypto Card
Blockchain.com’s future crypto map is one Map VISA prepaid, using your money in FIAT or crypto. There is no need to convert cryptocurrencies into fiat currency: with this CB you can spend your cryptos instantly (or withdraw money from an ATM). All major exchanges such as Binance, Coinbase or Crypto.com already offer cards without FIAT conversion, the cashback is usually variable depending on the number of native tokens of the exchange (e.g. on Binance, the more you have BNB, the greater the cashback) . Blockchain.com offers 1% cashback on all purchases and no fees.
“As one of the oldest and most trusted platforms in the crypto industry, we are excited to roll out the natural next step in making crypto easy to use in the real world and accessible to as many people as possible. » Peter Smith, CEO of Blockchain.com.
For French taxpayers: purchases in cryptocurrencies are taxable if there is a capital gain. Do not hesitate to consult the explanation in this article.
There are already 50,000 on the waiting list
Founded in 2011, Blockchain.com offers the classic services related to cryptocurrencies. This predecessor still has more than 80 million users worldwide and $ 1,000 billion in crypto transactions since its inception. The company is constantly aligning itself with the different jurisdictions of the many countries that cannot stop the rise of cryptocurrencies (despite their continued efforts). So if Blockchain.com is currently only offering its Visa card in the United States, this offering will expand to all countries where the company has a presence i.e. around 200.
If you live in the United States and are interested in this solution, you can join the waiting list. Otherwise you have to wait a few more months.
While the death of bitcoin (BTC) and cryptocurrencies is regularly announced, the big companies linked to it are constantly innovating and offering new services. There are now countless crypto cards and some of them even do very well without Visa or Mastercard. This is the case with Coincorner’s NFC card that we already mentioned. We can imagine that all these transactions are already a headache for the taxpayer and the French tax authorities.
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Subprimes, financial crises, galloping inflation, tax havens… Bitcoin was designed for greater transparency and perhaps to finally change the situation. I try to understand this new environment and try to explain it myself. The road is undoubtedly long, but it is worth it.