Wavespace Launches MiCA-Compliant Self-Custodial Bitcoin Debit Card Powered by Lightning and NWC

Wavespace, a Bitcoin-only neobank, has achieved MiCA compliance and launched its self-custodial wavecard®. The card uses Nostr Wallet Connect to automatically top up from users' Lightning nodes, eliminating custodial preloading risks. This ensures users maintain full control over their funds.

The card eliminates the need for custodial preloading, a feature that enhances security and privacy. Wavespace achieved MiCA compliance, making it one of the first Bitcoin-focused financial services to meet these stringent European regulations. The card is designed to work seamlessly with Bitcoin's Lightning Network, providing fast and low-cost transactions.

This development is significant for Bitcoin users who value self-custody and regulatory compliance. The wavecard® allows users to spend Bitcoin directly from their Lightning nodes, reducing the risk of custodial hacks or freezes. It also provides a practical solution for everyday transactions, making Bitcoin more accessible for daily use.

Users interested in the wavecard® should watch for its availability in their region. Wavespace is expected to roll out the card in phases, starting with MiCA-compliant regions. Keep an eye on Wavespace's official announcements for updates on availability and features. Read more → https://bitcoinmagazine.com/business/wavespace-launches-mica-compliant-self-custodial-bitcoin-debit-card-powered-by-lightning-and-nwc