Cryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa and Mastercard respectively, as an answer to the rise of the popularity of crypto in the region.
Crypto Cards Galore in Latam
The separation of the crypto market and the traditional banking world is disappearing, as more and more banking institutions are adopting crypto and offering crypto services to keep their customers in-house. Two popular exchanges in Latam, Ripio and Bitso, have announced the launch of cryptocurrency-enabled cards that will allow their customers to make purchases with their crypto holdings present on these platforms.
In the case of Ripio, the company teamed up with Visa to produce an internationally accepted prepaid card to sidestep the difficulties that credit analysis...
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