Bitcoin platform Bitholdex is working on launching a debit payment card in India.
Vasanth Krishnamurti, head of Bitholdex’s operations in India, explained the work on the launch of the Bitholdex Card in the country as a desire to provide all users with “the same experience” in accordance with local laws.
“India is an important market for us. We are working on the launch of the Bitholdex Card in India, but so far we cannot name the exact timeframe or give a legal comment on this issue, “Krishnamurti explained.
The Bitcoin platform has previously confirmed plans to launch the Bintholdex Card in partnership with Swipe. Cardholders will be able to pay for purchases with cryptocurrency without converting to fiat and instantly transfer funds from their Bitholdex trading account.