- One of the world’s largest payments networks announces a no-limit BTC card in the UAE.
- Visa will soon launch a no-limit Visa card in the heart of crypto wall street.
- The card known as ‘bitcoinblack’ is available to 10,000 invite-only users.
Visa continues to show its support for crypto with its latest news. The brand just announced that it will launch a no-limit Bitcoin (BTC) card in the heart of crypto wall street — the United Arab Emirates (UAE).
In detail, the popular payments network will launch an exclusive VIP crypto credit card called ‘bitcoinblack’ in the UAE. The card will be available to 10,000 invite only members across the globe. These lucky few will be able to convert Bitcoin (BTC) into spendable cash.
More so, the card allows the conversion of other cryptos into spendable cash as well. To add on, the card is secured by the holder’s cryptocurrency. It also offers premium benefits, the most enticing being a no-spend limit in any part of the world where Visa is accepted. Another benefit is the fact that users will receive awards up to 10% back as exclusive SPND tokens.
According to the responses to Bitcoin Magazine’s tweet, the news has been well received by the crypto community. For instance, many are cheering for the growing adoption of Bitcoin (BTC) and crypto in general.
In addition, other responses take a moment to commend the UAE on its swift momentum in adapting cryptocurrency within its borders. No doubt, the UAE has taken many active steps to elevate the use of crypto.
Besides many events dedicated to blockchain, DeFi, and crypto, the country has also seen the arrival of many companies looking to set its roots in the UAE. In particular, the popular crypto exchange — Binance, is one such crypto brand that has settled in Dubai, UAE.
Recommended News :
Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.