“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
(Visited 46 times, 1 visits today)
Related posts:
Megaupload founder Kim Dotcom plans to launch new political party in New Zealand
Bitcoin could turn Canada’s cities into ‘hubs of digital currency startups’
43 Worst Civil Liberties Nightmares That Came True In 2017
U.S. Jails More People Than Any Other Country
Philadelphia Cop Who Punched Woman On Video Found Not Guilty
CME Halted Silver Trading 4 Times Sunday as Prices Slid 9%
Bitcoin developer: Bitcoin Is Not Broken
Global Entry Passengers Swept Up In Trump’s Travel Ban
US photojournalist recounts horror of captivity after escaping al-Qaeda in Syria
Gerard Depardieu claims world citizenship
Federal Election Commission rules requested on Bitcoin campaign donations
Some consumer PCs also appear to have dangerous Intel exploit
U.S. would welcome Modi as India leader despite past visa ban
Obamacare, Simplified
Crooks steal $1.5M in iPads from JFK