Tag Archives: Cryptocurrencies

MARKETS NEWS

Ledger Launches Visa Debit Card Crypto Life card

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Ledger announced today the launch of a debit card called Cryptocurrency Life for Bitcoin and some cryptocurrencies. More than 50 million online shops and merchants will be able to pay with the newly released visa fold.

The tool that the Visa network will use is the result of a collaboration between Ledger and financial services company Baanx Group.

According to the information received, cards can be managed and loaded from the Ledger Live application, both desktop and mobile versions are available. In addition, these cards will be able to open lines of credit to obtain cash, use financial instruments and use cryptocurrency as a pledge for consumption. Interestingly, rates and other rates start at 0%, although they may vary by location.

What cryptocurrencies will Cryptocurrency Life use?
Bitcoin, Ethereum (ETH), Tether (USDT), European Cash (EURT), U.S. Dollar Coins (USDC), Ripple (XRP), Baanx (BXX), Bitcoin Cash (BCH) and Litecoin (LTC) may increase in variety in the future.

source: ledger.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

POLITICS

Indian Finance Minister made a statement on Cryptocurrencies

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Indian Finance Minister Nirmala Sitharaman said in a statement on cryptocurrencies that “The government of India is watching crypto ads closely but is currently not weighing the ban on crypto ads, and the crypto bill that should be submitted during the government’s current parliamentary session is based on input from the 2019 bill and other recommendations.”

The Indian government continues to work on cryptocurrencies. Finance Minister Sitharaman tried to clear some of the confusion surrounding cryptos in India during the parliamentary question-and-answer session. But she didn’t say anything specific about whether they would be banned or regulated. She said the crypto bill is coming to parliament very soon, she said.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.