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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