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ARTICLE · 01 NOVEMBER 2022

Crypto Products Launch In Debit Cards, Payment Gateways, Trading Platforms

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This week, two cryptocurrency financial services and trading platforms announced partnerships with traditional financial services companies to offer new crypto debit cards.

United StatesTechnology
Joanna Wasick
Joanna Wasick
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This week, two cryptocurrency financial services and trading platforms announced partnerships with traditional financial services companies to offer new crypto debit cards. Blockchain.com's card, initially available only to U.S. residents, will be linked to a verified Blockchain.com account and will enable users to spend cryptocurrencies in transactions that settle in fiat for the merchant. BitOasis, a leading crypto platform for the Middle East and North Africa, announced a similar crypto debit card linked to users' crypto wallets to enable fiat-settled payments across 90 million global locations. Ola Doudin, BitOasis' CEO and co-founder, said, "We continue to witness sustained demand amongst our customers for crypto to be integrated into, and relevant for, their daily lives. Research tells us that 47% of the Middle East population now believes crypto is the future of money."

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