Kraken Partners with Mastercard to Offer Crypto Debit Cards in Europe and UK

Cryptocurrency exchange Kraken has partnered with Mastercard to launch physical crypto debit cards for use across the United Kingdom and Europe. This move allows Kraken to expand its payment offerings, following recent regulatory approvals in line with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Users can begin spending cryptocurrencies and stablecoins directly via the new debit card. Kraken Pay, the company’s money transfer service launched earlier this year, is also growing rapidly, enabling over 300 crypto assets to be sent worldwide to different countries.