
“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
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