Ether.fi, a decentralized finance company, has announced the launch of a new credit card that will not be available in the United States, at least for the time being. This decision is likely due to the uncertain regulatory environment surrounding the decentralized finance industry in the country.
The company’s CEO, Silagadze, provided a “tentative” list of countries that will be receiving the new credit card. These countries include the UK, Hong Kong, UEA, Thailand, Brazil, Turkey, France, Germany, Italy, Portugal, Spain, Denmark, Estonia, Netherlands, Poland, and Czech Republic.
While the exact reasons for excluding the United States from the list of countries are not clear, it is evident that Ether.fi is taking a cautious approach to ensure compliance with regulations in different jurisdictions.
