RIO DE JANEIRO, BRAZIL - Cryptocurrency exchange Crypto.com on Thursday, November 11, launched its debit card in Brazil that allows users to spend cryptocurrencies at any establishment accepting Visa - the conversion is automatic and the store receives cash back in Brazilian reais.
The initiative is the result of a global partnership signed between the two companies in April to accelerate the adoption of crypto payments.
The card also offers cashback of up to 8% on normal purchases, or up to 100% on streaming services such as Spotify, Netflix, and Amazon Prime, depending on the card chosen. The cashback is paid . . .
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