Phantom Wallet launched early access to its Phantom Cash Visa debit card in the US, supporting Apple Pay and Google Pay. Users can deposit and withdraw fiat and crypto, with an international version upcoming.
Mastercard grants principal membership to Wirex, the first native cryptocurrency company to achieve this status. Wirex can now issue Mastercard-backed Bitcoin debit cards directly, simplifying crypto-to-fiat conversions. The move signals growing institutional acceptance of digital assets.
Centra Tech announced its ICO on July 25, 2017, introducing the first debit card supporting 8+ cryptocurrencies, an insured wallet, and the cBay marketplace. The project aims to make crypto spending seamless with zero fees.
This article explores the shift of centralized payment systems—from Skrill and PayPal to Visa and Mastercard—from hostility to acceptance of cryptocurrencies, highlighting the current state and challenges of fiat-crypto integration.
Coinbase CEO Brian Armstrong announced a test of $5K debit card limits starting Oct 14, with plans for tiered limits up to $100K for low-risk users by mid-2026, accelerating crypto adoption in everyday spending.
The Centra ICO, promoted by Floyd Mayweather and DJ Khaled, faces a class action lawsuit accusing it of violating U.S. securities laws by misrepresenting token sales as utility offerings. The suit claims over $30 million was raised unlawfully.
Coinbase has launched instant cryptocurrency purchases through bank accounts for some US users, allowing immediate access to bitcoin, ether, and litecoin with purchase limits of up to $25,000.
Wirex said it plans to roll out contactless crypto-funded debit cards and multi-currency accounts in Asia in Q2 2018, starting with Japan and Southeast Asia.
