Visa and BlockFi to launch Bitcoin rewards credit card as adoption grows
Cointelegraph
Published Dec 01, 2020 01:31PM ET
Updated Dec 01, 2020 03:40PM ET
Visa (NYSE:V) and BlockFi are teaming up to launch a new credit card that rewards users with Bitcoin (BTC), setting the stage for wider mainstream adoption of digital currency.
BlockFi, a New York-based startup specializing in crypto-backed loans and savings accounts, announced the partnership on Tuesday. As Bloomberg reported, the new credit card will reward purchases with Bitcoin rather than airline miles or other cashback rewards. Cardholders will be eligible to receive 1.5% of their purchases back in BTC
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Written By: Cointelegraph
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