{"id":100069,"date":"2024-11-19T21:23:29","date_gmt":"2024-11-20T01:23:29","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=100069"},"modified":"2024-11-19T21:24:55","modified_gmt":"2024-11-20T01:24:55","slug":"crypto-com-launches-visa-card-in-latin-america","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-com-launches-visa-card-in-latin-america\/","title":{"rendered":"Crypto.com Launches Visa Card in Latin America"},"content":{"rendered":"\n<p>Crypto.com is expanding its cryptocurrency-linked rewards card to <a href=\"https:\/\/coinscreed.com\/staging\/binance-introduces-send-cash-product-in-latin-america.html\" target=\"_blank\" data-type=\"post\" data-id=\"58047\" rel=\"noreferrer noopener\">Latin America<\/a>, where digital asset demand is rising.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1732064850392-1024x576.jpeg\" alt=\"Crypto.com Launches Visa Card in Latin America\" class=\"wp-image-100070\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1732064850392-1024x576.jpeg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1732064850392-300x169.jpeg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1732064850392-768x432.jpeg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1732064850392-860x484.jpeg 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1732064850392.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Crypto.com Launches Visa Card in Latin America<\/figcaption><\/figure>\n\n\n\n<p>According to a crypto.com announcement, customers can preload money onto the Crypto.com Visa Card using <a href=\"https:\/\/www.investopedia.com\/ask\/answers\/041615\/what-difference-between-fiat-money-and-representative-money.asp#:~:text=What%20Is%20Fiat%20Money%3F,physical%20commodity%20or%20financial%20instrument.\" target=\"_blank\" rel=\"noreferrer noopener\">fiat money<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> or their cryptocurrency wallets via the Crypto.com app. <\/p>\n\n\n\n<p>The card has seven distinct levels of incentives, such as up to 8% cash back on purchases, Netflix and Spotify refunds, and other benefits like access to airport lounges. <\/p>\n\n\n\n<p>This card does not have monthly or <a href=\"https:\/\/coinscreed.com\/staging\/new-york-state-orders-bitlicensed-crypto-firms-to-pay-annual-assessment-fees.html\" target=\"_blank\" data-type=\"post\" data-id=\"24374\" rel=\"noreferrer noopener\">annual fees<\/a> for some tiers like standard credit cards. This action is a component of Crypto.com's larger initiative to boost the use of cryptocurrencies around the world.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Latin America's Crypto Adoption<\/h2>\n\n\n\n<p>According to Chainalysis analysis, with 7.3% of the global market, Latin America has the seventh-largest crypto economy. <\/p>\n\n\n\n<p>Residents of this region commonly use digital assets to fend off authoritarianism and protect their money from the devaluation of national currencies. <\/p>\n\n\n\n<p>Latin America's growing need for <a href=\"https:\/\/coinscreed.com\/staging\/edx-market-launches-cryptocurrency-exchange-services.html\" target=\"_blank\" data-type=\"post\" data-id=\"52702\" rel=\"noreferrer noopener\">cryptocurrency services<\/a> was highlighted by Eric Anziani, President and COO of Crypto.com.\u00a0<\/p>\n\n\n\n<p>He stated that the card will &#8220;give Latin American users generous spending rewards paid in crypto, rebates for popular subscription services, and many more perks.&#8221;<\/p>\n\n\n\n<p>Although it incorporates cryptocurrency, the crypto.com credit card functions similarly to prepaid debit cards. <\/p>\n\n\n\n<p>This launch is in line with Crypto.com's 2025 roadmap, which calls for growing its product line and creating additional services. <\/p>\n\n\n\n<p>Through the Crypto.com app, qualified customers in Latin America can now apply for the card. This expansion may help normalize the usage of cryptocurrencies in <a href=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/02\/shdlifhsidfh-1024x420.png.webp\" target=\"_blank\" data-type=\"attachment\" data-id=\"71527\" rel=\"noreferrer noopener\">daily transactions<\/a> as interest in digital assets continues to grow in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto.com is expanding its cryptocurrency-linked rewards card to Latin America, where digital asset demand is rising. According to a crypto.com announcement, customers can preload money onto the Crypto.com Visa Card using fiat money or their cryptocurrency wallets via the Crypto.com app. The card has seven distinct levels of incentives, such as up to 8% cash [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":100070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11407],"tags":[1360,2211,22896],"class_list":["post-100069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-exchange","tag-crypto-com","tag-latin-america","tag-visa-card"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1732064850392.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/100069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=100069"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/100069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/100070"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=100069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=100069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=100069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}