Original sourceGate AnnouncementsAdditional: CoinTelegraph
Summary
Gate announced a partnership with Visa to launch a crypto-linked card, rolling out across more than 40 markets. Users can pay with crypto assets in their Gate account at Visa-supported online and physical stores, with assets automatically converted to fiat at the time of purchase. Card management a…
Key points
- Provides a practical case of a crypto payment tool, showing issuance scope, currency conversion method, and App integration level.
- Crypto-linked cards expanding to 40+ markets under a major card network reflect crypto assets being packaged into payment tools familiar to ordinary consumers.
- For ordinary users, they can spend directly with existing crypto assets and auto-convert; for firms, they must face different compliance, KYC, and tax disclosure requirements in each market.
Editorial note
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