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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the accelerating integration of digital assets with European regulatory frameworks, Wavespace neobank has launched its wavecard® for Bitcoin. This self-custodial card allows users to maintain full control over their assets without relying on a central intermediary. According to reports, the new card is fully compliant with the EU's MiCA regulatory framework and utilizes Nostr Wallet Connect (NWC) and the Lightning Network to facilitate direct top-ups from a user's own node.
The launch arrives amidst mixed economic signals in the Eurozone, where Spain's annual inflation rate held at 3.2% in June 2026 per market data, while EU economic sentiment reached 95 points. Wavespace's model aims to eliminate custodial preloading risks, a trend gaining traction as fintech firms seek to provide payment solutions that bypass traditional banking risks while remaining within the legal boundaries established by MiCA.
Traders should monitor the impact of this launch on Lightning Network adoption in European markets, especially alongside ECB President Lagarde's speech scheduled for June 29, 2026. Additionally, the release of China's Manufacturing PMI on June 30, 2026, remains a key catalyst that could influence global risk appetite in the crypto sector as major economies continue to navigate persistent inflationary pressures.