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Huobi and Solaris Crypto-to-Fiat Debit Card Launches in the EU

Cryptocurrency exchange Huobi announced its partnership with Solaris, a European financial services provider, to launch a crypto-to-fiat debit card.

The program, which Visa has approved, allows Huobi users to use their digital assets at the point of sale globally. Users residing in the European Economic Area (EEA) will have access to the card beginning in the second quarter of 2023.

The EEA comprises all 27 European Union member states, as well as Iceland, Liechtenstein and Norway.

(By SAVANNAH FORTIS)

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