Kraken taps Mastercard to launch crypto debit cards in Europe, UK

Kraken’s Mastercard crypto debit cards will be available in the coming weeks, with clients currently joining a waitlist for the product.

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).

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