“Within the next two months, money transfer service BitInstant plans to launch the first internationally accepted Bitcoin-funded debit card. BitInstant’s core business is facilitating Bitcoin transactions across a variety of exchanges. Want to swap $100 in cash for Bitcoins? You can deposit the cash at one of 700,000 locations worldwide and receive the Bitcoins in your virtual wallet instantly. BitInstant now handles a transaction volume of $2.5 million a month and is close to closing a $1 million round of venture capital financing. The forthcoming Paycard is the company’s biggest bid yet for mainstream adoption.”
http://money.cnn.com/2012/08/22/technology/startups/bitcoin-debit-card/index.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Budget Cuts Could Pull Navy Out of The War on Drugs
Canadian gov't: Private ATMs vulnerable to money-laundering
Credit card firm cuts off nation's No. 1 gun store --- for selling guns
Argentina Declared in Default by S&P as Talks Fail
UK moves forward with three-parent IVF treatment
Fidelity halts bitcoin investments from IRAs
Black boxes in cars raise privacy concerns
Inside the World’s Most Elite (and Secret) Traders’ Club
China Overtakes Sluggish Europe in Car Sales
Why We Can't Have Nice Things: Uber And Lyft Drivers Being Arrested
CCTV cameras being used in school changing rooms and toilets
Tim Draper: Why Bitcoin Is the Smart Bet in Tech Investing
The Troubled Greek Bailout Process Lurches Forward
With Affordable Care Act, Canceled Policies for New York Professionals
IRS Takes A Bite Out Of Bitcoin