Kraken & Mastercard Launch Crypto Debit Cards in Europe for Easier Spending

Kraken and Mastercard have announced a partnership to offer cryptocurrency debit cards to European users, making it easier to use digital assets for everyday purchases. Starting soon, eligible Kraken users can join the waitlist and start using this new card-based system. This move allows users to spend their crypto holdings directly at checkout, just like with a traditional bank card. The timing is strategic as Kraken actively pursues a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), aiming for regulatory clarity across the EU. By anticipating MiCA regulations, Kraken is positioning itself at the forefront of innovation in Europe’s rapidly developing crypto sector.