Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe

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Mastercard is expanding crypto asset accessibility in Europe and the UK through a partnership with Kraken. This collaboration, announced April 8th, enables users to make everyday purchases using cryptocurrency via Mastercard’s card network.

This move comes as the European Union establishes itself as a leading crypto-regulated market with its Markets in Crypto-Assets (MiCA) regulations. The UK is also poised to finalize its own comprehensive crypto framework.

Mastercard’s initiative with Kraken signals a growing integration of digital assets into mainstream finance within a structured regulatory environment. This collaboration will likely simplify crypto spending, promoting wider adoption across the European continent and the United Kingdom.



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Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe



Mastercard is expanding crypto asset accessibility in Europe and the UK through a partnership with Kraken. This collaboration, announced April 8th, enables users to make everyday purchases using cryptocurrency via Mastercard’s card network.

This move comes as the European Union establishes itself as a leading crypto-regulated market with its Markets in Crypto-Assets (MiCA) regulations. The UK is also poised to finalize its own comprehensive crypto framework.

Mastercard’s initiative with Kraken signals a growing integration of digital assets into mainstream finance within a structured regulatory environment. This collaboration will likely simplify crypto spending, promoting wider adoption across the European continent and the United Kingdom.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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