Wednesday, June 12, 2019

Making sandbox where they can

Cryptocurrency exchange Coinbase has expanded its Visa debit card service to six European countries, allowing customers in the region to spend their digital assets.
According to a report from CNBC on Wednesday, the Coinbase Card is now available for users in Spain, Germany, France, Italy, Ireland, and the Netherlands.
With the card, customers will be able to spend their cryptocurrency assets including bitcoin, ethereum, and litecoin in both online and physical stores that accept Visa.
Coinbase first rolled out a cryptocurrency Visa debit card in April, exclusively for users based in the U.K. at the time.
Zeeshan Feroz, CEO of Coinbase U.K., did not disclose how many users the firm had signed up since April but said in an interview with CNBC that it had “blew past” the initial 1,000 cards issued to customers for free.
They are not buying with crypto, they are activating Coinbase to exchange crypto for  dollars, more or less on the spot ,we hope.  Great news, expanding sandbox presence everywhere, from JPM to coinbase to Apple (I have become a Timmy fan).   Zuck is still floundering a bit.

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