Mastercard, Kraken Team to Promote Crypto Payments in EU, UK

Cryptocurrency platform Kraken launched a payments-focused partnership with Mastercard.

The collaboration will allow Kraken customers in the United Kingdom and Europe to spend crypto assets at more than 150 million merchants that accept Mastercard, according to a Tuesday (April 8) press release.

“Crypto is transforming the payments industry, and we envision a future where global commerce and everyday payments are powered by crypto assets,” Kraken co-CEO David Ripley said in the news release. “Our customers want to be able to easily pay for real-world goods and services with their cryptocurrencies or stablecoins. Our partnership with Mastercard is a major step in realizing this vision. Together, we will unlock the full…

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