S'pore firm starts debit card to convert crypto to normal currencies

Singapore

A RECURRING challenge for bitcoin and other cryptocurrencies is how to make them work in the real world. A Singapore-based startup says the answer is its Visa card.

TenX is pitching its debit card as an instant converter of multiple digital currencies into fiat money: the dollars, yen and euros that power most everyday commerce. The company said it takes a 2 per cent cut from each transaction and has received orders for more than 10,000 cards.