Crypto

Ether.Fi to Launch Visa ‘Cash’ Card on Scroll Network

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.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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