Cryptonit to Launch Anonymous Debit Cards by the End of 2015
In an exclusive interview with Bitcoinist, Mr. Brandon from Cryptonit, an organization that promises to offer the most secure platform to trade traditional fiat money such as USD and EUR for cryptocurrencies like Bitcoin, litecoin, Peercoin, Namecoin, etc. says that they are going to launch anonymous debit cards by the end of 2015. Coming from a company that is registered with the relevant authorities in the UK, the anonymous debit cards are expected to gain trust among the cryptocurrency users. Registered Bitcoin Exchange, Complies with the Existing Money Laundering Laws.
Related News
CoinTelegraph contacted the eight major providers of Bitcoin debit cards with the question: Can Bitcoin debit cards really be private or anonymous? Below are the results, categorized by region and level of disclosure required. Financial privacy: Bitcoin vs. banks. One of the main advantages of using Bitcoin over traditional funding methods is privacy. When a Bitcoin transaction is sent, its record is permanent and public on the blockchain, but not tied to any particular identity. Many users, such as those who frequented the Silk Road, prefer Bitcoin for exactly this reason: it’s anonymous....
This past week, the Bitcoin markets seemed to be relatively quiet, while subtly hinting at a desire to see the digital currency increase in value. Throughout the course of the week, the Bitcoin price rose from the mid $230s to the high $230s, brushing against $240 several times. This modest growth occurred with a backdrop of fairly mild news. September 28, 2015 opened with the Bitcoin price at $236.47. The markets made some notable gains during the first half of the day, reaching $239 by midday. The growth tapered off in the afternoon, though, hovering in the high $230s. The price briefly....
In an announcement today, Bitcoin exchange Coinbase has announced the beta launch of a new feature that will lead to enabling US customers to purchase bitcoin instantly via debit cards. Coinbase has announced the beta launch of a new feature that will facilitate the purchase of bitcoin(s) instantly with US-based debit cards. The feature is already available for European users of Coinbase who have the means to buy the cryptocurrency through credit and debit cards. An announcement from Coinbase’s blog read: Today, we’re launching a new Coinbase product (in beta) to users in the United....
Upon the interests of those that have awaited for the highly anticipated bitcoin debit cards of Xapo, the multi-million dollar startup has finally begun shipping its cards internationally. However, in correlation to its launch, Xapo has announced that the cards cannot be shipped to the United States, and cannot be used by its residents. "Unfortunately, Xapo cannot issue nor ship the Xapo Debit Card to users who reside in the following countries: United States Minor Outlying Islands Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands, U.s. Wallis And Futuna Western Sahara Yemen Zambia....
CoinTelegraph spoke with E-coin founders Pavel Matveev and Dmitry Lazarichev about competition in the bitcoin debit card market, the importance of multi-sig security, and crowd investment with BnkToTheFuture. Since launching their first Bitcoin debit cards to the public in late January 2015, e-coin has been working to build out its platform and push Bitcoin adoption mainstream. In an effort to offer users a convenient way to spend bitcoin wherever Visa is accepted, the company is looking to strengthen its position as a major player in the cryptocurrency debit card market. CoinTelegraph:....