Cash or Plastic? Countries Where Crypto Debit Cards Are Fair Game

Wracked by regulation, supplier issues and the volatility of digital assets, crypto debit cards have had a rough start.

Crypto debit card use is growing and is considered an important development for the growth in the adoption of crypto around the world.

In which countries are most of the crypto cards available?

Wirex is a London-based crypto debit card provider and is often seen in the wallets of many people involved in the industry.

The company's crypto debit card, imaginatively dubbed Coinbase Card, was launched in 2019.

The firm announced on Feb. 19 that it had become a principal member of Visa, meaning that it is now able to issue debit cards without the involvement of third parties, and it can now also issue cards to other crypto companies.

Bitwala, a blockchain-based banking firm headquartered in Berlin, offers a service where customers can convert their crypto and pay with a Mastercard debit card.

"Socios Debit Card, a Fiat Debit Card that will allow Socios.com users to get a card that will trigger rewards every time they spend money. The idea is that if you are Juventus Fan and you spend FIAT into an Adidas shop, you'll get cashback and more Juventus Fan Tokens for example."

Binance Crypto industry titan Binance announced in March that it would release its own debit card, with the initial testing being carried out in Malaysia.

Paycent Paycent is a Singapore-based crypto debit card provider.