Kraken taps Mastercard to launch crypto debit cards in Europe, UK
Cryptocurrency exchange Kraken has partnered with Mastercard to issue crypto debit cards across the United Kingdom and Europe, the company announced on April 8.
The partnership will enable the crypto exchange to expand its payment offerings by launching physical crypto debit cards.
The partnership comes as Kraken continues to pursue a license under the European Union’s regulatory framework, the Markets in Crypto-Assets Regulation (MiCA).
The debit card will allow users to spend cryptocurrencies and stablecoins directly. Kraken said the rollout will begin in the coming weeks, with a waitlist now open to customers.
This partnership builds on Kraken Pay’s growth
Kraken said its partnership with Mastercard builds on the rapid growth of…
