RATE Group | Cryptocurrency Card Issuer Wirex Expands to Canada
42527
post-template-default,single,single-post,postid-42527,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Cryptocurrency Card Issuer Wirex Expands to Canada

17 Sep Cryptocurrency Card Issuer Wirex Expands to Canada

Posted at 00:26h in Cryptocurrency News by

[ad_1]

Wirex has announced it is expanding to Canada, a leading nation in the global crypto market. The firm is set to offer residents access to its cryptocurrency wallets linked to physical debit cards.

In Canada, according to Wirex, 5% of the population hodling the currency. Citing a survey conducted by the Bank of Canada, 46% of Ontarians praised the spread of technologies like blockchain. Per CoinATMRadar, Canada is a country with 600 Bitcoin ATMs.

It is also a popular destination for crypto miners, due to the relatively affordable supply of energy. Given that, annually, Canada tends to generate an energy surplus, many expect favorable changes in regulations could lead a flock of miners to the Great North in the years to come.

The post adds:

Although the UK and US are marginally ahead in the rankings for traditional blockchain adoption, Canada leads the way in Ethereum blockchain technology.

And it’s not just private citizens who are engaged…

[ad_2]

Source link

Tags:
, , , , ,