Prepaid Bitcoin Card launched in Brazil

While RBI still struggles to decide whether it has to fight, ignore or support Bitcoins, world wide Bitcoin continues to make progress.

One of the recent developments that looks interesting is the launch of the “Coincard” as a prepaid card which can be loaded with bitcoins. This card which was intended to exploit the last FIFA crowd in Brazil combined the need to create a mobile Bitcoin store with an exchange.

Refer Here

COINCARD was launched by Bitinvest, a Bitcoin exchange and available  for delivery internationally and can be used wherever use of Bitcoins is permissible under the regulations.

Bitcoin users in India are however warned that in India it may be risky to use Bitcoins unless the Bitcoins are mined in India.


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About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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