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Wavespace Launches MiCA-Compliant Bitcoin Debit Card

Created at 2 Jul · 7:15 PM1 source↑ Market-relevant
IN SHORT

Wavespace has introduced a self-custodial Bitcoin debit card that complies with the EU's Markets in Crypto-Asset (MiCA) regulation. The card operates on the Lightning Network and utilizes NWC for its functionality.

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Who's Involved

Wavespace
Company that launched a MiCA-compliant Bitcoin debit card

↳ Why This Matters

This launch signifies a step towards greater regulatory compliance in the crypto debit card space, potentially paving the way for broader adoption of Bitcoin for payments within regulated markets.

Key facts

  • Wavespace has launched a new self-custodial Bitcoin debit card.
  • The card is designed to be compliant with the European Union's Markets in Crypto-Asset (MiCA) regulation.
  • It leverages the Lightning Network for transactions.
  • NWC is utilized for the card's operational functionality.

Wavespace has introduced a self-custodial Bitcoin debit card, designed to comply with the European Union's Markets in Crypto-Asset (MiCA) regulation. The card operates on the Lightning Network and utilizes NWC for its functionality. This launch aims to provide users with a compliant and convenient way to use Bitcoin for everyday transactions within the regulatory framework of MiCA.

Frequently asked questions

Wavespace is the company that has launched a new self-custodial Bitcoin debit card.

MiCA stands for Markets in Crypto-Asset, a regulation by the European Union aimed at standardizing crypto-asset services and providing legal certainty.

The card is self-custodial, operates on the Lightning Network, and uses NWC for its functionality, allowing users to spend Bitcoin.

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Cadence

How It Developed

Wavespace launched a self-custodial Bitcoin debit card.
The card is compliant with the EU's MiCA regulation.
It operates using the Lightning Network and NWC.

Sources

T1
Wavespace Launches MiCA-Compliant Self-Custodial Bitcoin Debit Card Powered by Lightning and NWCBitcoin Magazine

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