Categories: CryptoNews

Four More US States Can Order The Shift Bitcoin Debit Card

The Shift card is slowly but surely getting a wider reach across the United States these days. Although there is still a long way to go, residents of four more states can now order this Bitcoin debit card, and spend cryptocurrency wherever plastic card payments are accepted.

Also read: Host1Plus VPS Review

Shift Card Gains More Traction In The US

Offering a Bitcoin debit card to US customers is not an easy feat, and no one expected it to happen overnight. Shift is making a lot of headway in this regard, though, as they recently added another four states to their repertoire, giving residents a chance to get their hands on this Bitcoin debit card.

US citizens living in Montana, New Mexico, Alaska, and South Carolina can now order their very own Shift debit card in the coming days. Do keep in mind a Coinbase account is necessary to make use of this card’s full potential, as adding funds can only be done through a linked exchange account.

Now that Shift has discovered the path to offer these Bitcoin debit cards to US citizens; it remains to be seen if other issuers will follow the company’s lead. Before this offering came around, US citizens were not able to get a physical Bitcoin debit card, due to regulatory issues. At the same time, no international users can get their hands on the Shift debit card either, creating an interesting ecosystem, to say the least.

Related Post

This is one of the reasons why a lot of Bitcoin enthusiasts do not like the concept of these debit cards, even though they make spending cryptocurrency far more convenient all over the world. In the end, a Bitcoin debit card is still linked to participating banks, and the same regulatory guidelines will remain in effect.

For example, a Bitcoin debit card provider able to serve their card to over 120 different countries is quite impressive. But if the US is not part of that list  – or for Shift, no other country but the US is part of that list – the question becomes how viable this business model is. Especially when considering how nearly every Bitcoin debit card can be denominated in USD currency, yet only one of them is available to US customers.

Source: Reddit

Images courtesy 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

1 day ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

1 day ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

1 day ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

7 days ago