Taking another important step in the world of cryptocurrency, KRAKEN and MasterCard together have announced the launch of a Crypto Debit Card in Europe and United Kingdom. This step is an important initiative towards making Crypto a real payment tool to increase from only one investment option. The purpose of this partnership is to include Crypto in daily transactions and install it as a legal payment system.
The main features of the crypto debit card
The new Crypto Debit Card of KRAKEN and MasterCard will provide users the opportunity to spend their crypto directly. Mainly Stablecoins And cryptocurrency supported by other KRAKEN can be used. This card can be used on all businesses supported by MasterCard worldwide. KRAKEN says that this card will help reduce the gap between crypto and traditional finance systems and make it useful in common life.
A waiting list has been opened for the distribution process of this card and its official distribution is expected to begin in the next few weeks. This card will be specially available for European Union and United Kingdom users.
Crypto validity and security under MICA rules
This step of Kraken corresponds to the European Union’s new MICA (Markets in Crypto-Belongings) rules, which have been brought with the aim of providing a secure and legal framework for the trade and use of cryptocurrency. KRAKEN is in the process of obtaining the license required to release this crypto debit card to the European Union legally. The MICA rules offer the opportunity to use Crypto in a safe and controlled manner, leading to its growth and validity.
KraKen and MasterCard long term strategic objective
This partnership between KRAKEN and MasterCard is not limited to the launch of a crypto debit card, but it is part of a long term strategy. KRAKEN has introduced a new service called Kraken Pay in January 2025, which facilitates sending more than 300 cryptocurrency to the same platform. Additionally, Kraken has also launched an identity called “Kraktag”, which allows users to receive payment without any sensitive information.
Mastercard, who has already partnered with blockchain based payment solution such as Metamask and Mercuryo, is now planning to strengthen its position in digital payment space in collaboration with KRAKEN. This partnership is a major step towards installing cryptocurrency as a payment method of mainstream. If you want to know that What is cryptocurrencyThen click on the link.
Conclusion
Kraken and MasterCard partnership Crypto is an important initiative towards creating a legal and stable payment system. This debit card not only provides an opportunity to include cryptocurrency in everyday life, but it will also promote the use of cryptocurrency by following security and legal framework under the MICA rules of the European Union. This partnership can begin a new era for cryptocurrency, where it will not only be adopted as an investment medium, but as a legal option tool.
