Fold delays launch of Bitcoin (BTC) credit card due to withdrawal of infrastructure partner

Source
JH Kim

Summary

  • Fold announced the postponement of the Bitcoin (BTC) credit card launch.
  • It explained that this was due to the withdrawal of a key infrastructure partner from the credit card business.
  • As of 04:47 on the 1st, BTC was reported to be trading at $107,466.84 on the Binance Tether (USDT) market, a 0.09% increase from the previous day.

According to cryptocurrency-focused media CoinDesk on the 30th (local time), the Bitcoin (BTC)-exclusive financial service application Fold announced that it has delayed the launch of its BTC credit card.

This measure is explained as being due to the withdrawal of a key infrastructure partner from the credit card business.

Meanwhile, as of 04:47 on the 1st, BTC was trading at $107,466.84 on the Binance Tether (USDT) market, up 0.09% from the previous day.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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