Kazakhstan launches crypto cards in partnership with Mastercard

A bank in Kazakhstan has issued the country’s first crypto cards in partnership with Mastercard and an Astana-based cryptocurrency exchange.

The new payment instrument, which will allow users to spend their digital coins where fiat money is accepted, is undergoing trials as part of a soft launch.

Kazakhstan’s crypto cards to convert tether to tenge

Eurasian Bank, one of Kazakhstan’s commercial banking institutions, has launched the Central Asian nation’s first cryptocurrency cards in pilot mode. The release was announced during the Astana Finance Days forum, local media reported.

The cards have been developed together with Mastercard and the crypto exchange Intebix, with the support of the National Bank of Kazakhstan (NBK), the…

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