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BitcoinBlack Launches Its No Limit Visa Crypto Credit Card In UAE

Card holders get exclusive access to a mansion on the Turks and Caicos Islands, special charter deals provided by Momentum Jets, exclusive private events, as well as 1,300+ airport lounges around the world.

Published

2 years ago

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bitcoinblack launches no limit visa crypto credit card in uae
BitcoinBlack

Cryptocurrency credit card company BitcoinBlack has recently launched its no limit Visa crypto credit card. Access to the card is limited to 10,000 high-net-worth individuals, and applicants must share their net worth, credit score, and annual income in US dollars, among other information in order to be considered.

“Secured by the holder’s crypto, the card is billed as a gateway to a world of luxury goods and services and one-of-a-kind members-only experiences,” states the press release issued by BitcoinBlack on July 4.

bitcoinblack no limit visa credit card

More specifically, the holders of the BitcoinBlack Visa crypto credit card get exclusive access to a mansion on the Turks and Caicos Islands, special charter deals provided by Momentum Jets, exclusive private events, as well as 1,300+ airport lounges around the world.

The card rewards every purchase with a cashback of up to 10% in the form of the Spend token ($SPDN). The token can be converted to other cryptocurrencies or redeemed at the Haute Living Luxury Marketplace at a guaranteed 1:1 value to the USD.

“We’re very excited because in addition to being able to spend rewards on incredible luxury items, the marketplace will also allow members to purchase experiences that our team at Haute Living Magazine have created exclusively for them. These are one-of-a-kind events not found anywhere else in the world.” said Kamal Hotchandini, Chief Luxury Officer of BitcoinBlack.

Also Read: 3 Best Cold Storage Wallets For Crypto In 2023

BitcoinBlack was founded in 2021 by Prakash Chand, a serial entrepreneur based out of Toronto. Prakash is known largely for his medical information website Ask The Doctor, which used a Cardano-based token, called AskToken ($ASK).

Despite what some cryptocurrency news outlets have reported, BitcoinBlack is not owned by Visa Inc. The financial and payment cards company merely lets BitcoinBlack use its payment network to facilitate transactions.

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UAE Prepares To Launch Two Satellites: Thuraya-2 And MBZ-SAT

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum chaired the first meeting of the Supreme Space Council yesterday.

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5 days ago

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December 17, 2024

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uae prepares to launch two satellites thuraya-2 and mbz-sat

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister of the UAE, chaired the first meeting of the Supreme Space Council in Dubai on December 16, 2024. The session highlighted the UAE’s ambitious space plans and took stock of the sector’s economic progress.

The council emphasized the growing role of private companies in advancing space technologies, noting that their contributions are now equal to that of the public sector. Members also praised initiatives like the Space Economic Zones Programme, which are designed to fuel innovation and investment in the space industry.

Discussing the UAE’s space journey, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum remarked, “The national space sector continues to grow and advance, and we take immense pride in the remarkable achievements we have accomplished over the years”.

Sheikh Hamdan also received updates on two upcoming satellite projects: Thuraya-2 and MBZ-SAT. Thuraya-2, developed by Space42, is slated for launch this December. Meanwhile, the MBZ-SAT, created by the Mohammed Bin Rashid Space Centre (MBRSC), will soon follow. MBRSC, a major driver of the UAE National Space Programme, continues to lead the nation’s space-related developments.

Space42 took the opportunity to showcase its advancements, including ongoing collaborations between public and private entities. The company also outlined strategies to promote innovation, boost revenue streams, and create new opportunities for growth in the sector.

Also Read: IBM Opens New Doha Office To Support Qatar’s Digital Growth

The UAE’s current projects build on a growing legacy of space exploration. Back in 2020, the nation made headlines with its Mars mission, successfully sending a probe into the planet’s orbit in 2021. This mission, which is now in its second phase as of June 2024, has been collecting critical data to develop a comprehensive diurnal image of Mars.

The UAE also ventured into lunar exploration with an unmanned mission aimed at studying untouched regions of the Moon’s surface. While the probe ultimately crashed during its landing attempt after communication was lost seconds before touchdown, the effort represented a significant step in the country’s exploration ambitions.

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