According to the company’s press release, the partnership represents the last big milestone in the run-up to its U.S. launch. Harold Montgomery, the managing director of Wirex USA, said that selecting reliable and experienced partners such as Zero Hash is “integral” to the company’s success.
Zero Hash is a FinCen-registered Money Service Business and a regulated Money Transmitter. The company holds a virtual currency license from the NYDFS and can operate in all 51 U.S. jurisdictions.
Wirex said the U.S. launch is scheduled for April when the company will enable 300 million Americans to buy, hold, exchange, and sell up to 20 different fiat currencies and cryptocurrencies. Users in the U.S. will also be able to utilize Wirex’s contactless crypto-enabled global debit card and X-Tras, the company’s upcoming token reward scheme.