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Crypto alternate Bit2Me set to launch Mastercard debit card for EU » CryptoNinjas

Written by James Smith

Bit2Me, a Spanish-based cryptocurrency exchange platform, has now introduced the launch of the Bit2Me Card, a Mastercard debit card that can permit funds in each cryptocurrencies and euros in all institutions that settle for Mastercard.

Utilization of the Bit2Me card won’t be restricted to Spanish territory. Nonetheless, in the interim, it can solely be issued to Bit2Me customers within the European Union.

In real-time, Bit2Me will convert cryptocurrencies into fiat cash, and Bit2Me customers will be capable of pay for his or her purchases with any of the 69 cryptocurrencies that the corporate affords on its alternate platform. Moreover, earlier than the top of the yr, Bit2Me plans to extend its providing of cryptocurrencies to 200.

It is a undertaking during which Baldomero Falcones, who lately joined Bit2Me as Senior Advisor, has performed a key function. Falcones was worldwide Chairman of Mastercard between 2002 and 2006, Chairman of FCC, and COO at Banco Santander. He’s additionally co-founder of the VC agency Magnum Industrial Companions.

“We’re delighted to work hand in hand with Bit2Me to proceed innovating and creating options on this planet of funds, and we’re positive that this product will likely be very effectively acquired each in Spain and in Europe.”
– Paloma Actual, Normal Supervisor of Mastercard Spain

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