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1inch has released its own debit crypto card 1inch Network, in collaboration with Baanx, has released a Mastercard-based crypto payment card. Cardholders will be able to use it for purchases and cash withdrawals. Initially, the card will be available to users from the United Kingdom and the European Economic Area.

1inch has released its own debit crypto card

1inch Network, in collaboration with Baanx, has released a Mastercard-based crypto payment card.

Cardholders will be able to use it for purchases and cash withdrawals.

Initially, the card will be available to users from the United Kingdom and the European Economic Area.

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🔝 Top 10 countries where the largest share of the people owns cryptocurrency Author's comment: As of the latest available data leading up to 2024, the countries with the highest adoption rates of cryptocurrencies, where a large share of the population owns or uses cryptocurrencies, typically include: 1️⃣ Nigeria - Due to the unstable local currency and financial restrictions, many turn to cryptocurrencies for transactions and savings. 2️⃣ Vietnam - High engagement in both mining and trading of cryptocurrencies. 3️⃣ Philippines - Cryptocurrencies are widely used for remittances and gaining more traction through play-to-earn games. 4️⃣ Turkey - Economic instability and inflation have driven the population to alternative stores of value like cryptocurrency. 5️⃣ Argentina - Similar to Turkey, economic factors such as inflation have pushed more citizens towards crypto. 6️⃣ South Africa - Growing interest in cryptocurrency as a financial asset and for transaction purposes. 7️⃣ Thailand - A significant level of crypto adoption driven by favorable regulations and a high level of interest in new financial technologies. 8️⃣ India - Despite regulatory challenges, there's a significant and growing interest in cryptocurrency investments and technology. 9️⃣ Brazil - Increased adoption driven by both investment purposes and as an alternative to traditional banking. 🔟 China - Despite strict regulations, there remains a significant level of interest and engagement with cryptocurrency, particularly through offshore activities and blockchain technology. The rates of cryptocurrency adoption can vary widely based on economic conditions, regulatory environments, and technological engagement among the populace.
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