Visa Approves Australian Startup to Issue Debit Cards for Spending Bitcoin
The move by Visa to allow the issuance captures the growing interest in cryptocurrencies for Australia's economic market.
Visa bought CryptoPunk 7610, one of 3,840 "female" punks.
Wyre’s push-to-debit program will now allow instant payouts of crypto holdings to users' bank accounts using the Visa debit cards.
Monday set a new single-day sales record for CryptoPunks, and August sales have already set a monthly record, with prices for the NFTs averaging nearly $200,000.
users with any Visa or Mastercard debit card linked in their Apple Wallets will automatically have Apple Pay appear as a payment method when transacting with Coinbase on their cellphones.
The program may rival Visa’s Fast Track initiative for crypto startups.