Gnosis launches Visa card that lets you spend self-custody crypto in Europe

Gnosis has launched Gnosis Card, a Visa card that lets users spend funds held in self-custodial crypto wallets wherever Visa is accepted, initially in the U.K. and EU. Gnosis Pay is launching at the EthCC conference in Paris, and co-founder Dr. Friederike Ernst said the goal is to reach a wider audience beyond the crypto community. The card is priced at €30 against a €10 cost to produce and distribute it, with the surplus going toward engineering and compliance. Monerium, which issues the euro-denominated stablecoin EURe, is a key partner, and Gnosis plans to expand to Brazil, Mexico, Singapore and Hong Kong and to launch in the U.S. by the end of Q3.