Top-tier cryptocurrency securities exchange Coinbase is launching its Visa debit card in six more European countries, CNBC reported. The expansion follows a fruitful debut in the U.K. roughly two months ago.
Known as Coinbase Card, the solution allows Coinbase users to spend cryptocurrencies corresponding to bitcoin (BTC), ether (ETH), and litecoin (LTC) in stores and online at any merchant that accepts Visa. The Coinbase Card is now available in Spain, France, Germany, Ireland, Italy, and the Netherlands.
In any event a would-be U.S. expansion for the card, Coinbase U.K.’s chief executive Zeeshan Feroz told CNBC the team “will be looking at all [its] key sells including the U.S.” For Coinbase to make the move, it firstly “needs to find the right banking partners,” the article explained.