Visa approves Bitcoin (BTC) debit card for Australian startup CryptoSpend
Global payments giant Visa moves forward with its commitment to digital currency adoption by approving a new Bitcoin debit card in Australia.
Sydney-based app CryptoSpend announced Wednesday that Visa had approved a physical debit card that will allow Australians to spend their bitcoins at local merchants.
CryptoSpend’s co-founders said that the new card will be issued by major local payment company Novatti and is expected to hit the market in September 2021. Visa is expected to announce approval later this week.