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Coinbase Launches Crypto Gift Cards for Major Retailers in Partnership with WeGift

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One of the world’s biggest cryptocurrency exchanges, Coinbase launches crypto gift cards for its European customers, enabling them to purchase goods and services using their crypto assets with over 120 major brands including Amazon, Tesco, M&S, Thomas Cook and Uber. The new feature comes a few months after securing an e-money license from the UK’s financial regulator. Partnering with digital gift card startup WeGift, customers can convert upto $5000 per day of their cryptocurrency stored in their Coinbase wallets into gift cards.