Institutional exchange launches crypto debit card

Cointelegraph

Published Jun 22, 2021 04:11PM ET

Updated Jun 22, 2021 06:00PM ET

Intercontinental Exchange (NYSE:ICE) subsidiary Bakkt has introduced a debit card allowing customers to use crypto for retail purchases.

In a Tuesday announcement, Bakkt said it had launched a fully virtual Visa (NYSE:V) debit card for both online and in-store spending. Card holders can spend Bitcoin (BTC) from their Bakkt accounts without waiting to convert the cryptocurrency to fiat.

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