Blockchain.com offers its users to register on its waiting list to benefit from its crypto card in partnership with Visa and Marqueta. Despite the current bear market, bankruptcies, hacks, exit scams and lawmakers constantly announcing new restrictions, the big names in the cryptosphere are doing quite well and above all continue to innovate.
Despite all the past or expected disasters, the big names in the cryptosphere continue to innovate and offer new services. These are great signals for investors as many governments are looking to impose their CBDCs – centralized digital currencies for even greater control over citizens. Finally, we also have the impression of witnessing a shallot race.
Visa Crypto prepaid card
Blockchain.com’s future crypto card is a map VISA prepaid, drawing on your funds in FIAT or crypto. There is no need to convert cryptocurrencies into fiat currency – with this CB you can spend your cryptocurrencies directly (or withdraw cash from an ATM). All major exchanges such as Binance, Coinbase or Crypto.com already offer cards without FIAT conversion, the cashback is most often variable depending on the number of native tokens of the exchange (for example on Binance, the more you have BNB, the greater is cashback). Blockchain.com offers 1% refund on all purchases and no fees.
“As one of the oldest and most trusted platforms in the cryptocurrency industry, we are thrilled to implement the natural next step in making cryptocurrencies 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 made in cryptocurrencies are taxable in the event of a capital gain. Do not hesitate to consult the explanations in this article.
Already 50,000 on the waiting list
Founded in 2011, Blockchain.com offers the classic services related to cryptocurrencies. This precursor still has more than 80 million users worldwide and $ 1 trillion in crypto transactions since its creation. The company constantly respects the various jurisdictions of the many countries that fail to stop the rise of cryptocurrencies (despite their continued efforts). So, if for the moment Blockchain.com offers its Visa card only in the United States, this offer will be extended to all the countries where the company is present, which is around 200.
If you live in the United States and are interested in this solution, you can join the waiting list. Otherwise you will have to wait a few more months.
While the death of bitcoin (BTC) and cryptocurrencies is regularly announced, the large companies connected to it are constantly innovating and offering new services. Cryptographic cards are now countless and some even work very well without Visa or Mastercard. This is the case of the Coincorner NFC card that we had already talked about. We imagine that all these transactions are already a real headache for French taxpayers and tax authorities.
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Subprime, financial crises, runaway 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.