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Mastercard Unveils Euro Crypto Debit Card: Spend Bitcoin Directly


by CoinEdition
Mastercard Unveils Euro Crypto Debit Card Spend Bitcoin Directly
  • Mastercard has launched a Euro-dominated crypto debit card.
  • With the new implementation, users can spend crypto from self-custodial wallets.
  • Mastercard’s recent launch signals growing crypto adoption in the macro sector

Global payments giant Mastercard has launched a Euro-dominated crypto debit card. This new payment tool will enable users to spend crypto from self-custodial wallets at millions of merchants worldwide.

Mainstream Finance Embraces Crypto

Mastercard’s latest move underscores the growing involvement of mainstream finance giants in the cryptocurrency space. Banks, stock exchanges, credit card companies, payment providers, and Wall Street powerhouses like BlackRock and Fidelity are actively participating in the crypto industry.

Read also: Mastercard and US banks collaborate to streamline settlement of tokenized assets.

Mastercard had previously dabbled in crypto enablement, allowing users to connect their cards with crypto exchanges for spending. This recent development, however, deepens the payment giant’s crypto involvement by enabling users to spend cryptocurrencies stored in self-custody directly.

Partnership with Mercuryo

Ma…

The post Mastercard Unveils Euro Crypto Debit Card: Spend Bitcoin Directly appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Fidelity and Grayscale Lead Outflows as Bitcoin and Ethereum ETFs See Red on May 14

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MainNewsMastercard U...

Mastercard Unveils Euro Crypto Debit Card: Spend Bitcoin Directly


by CoinEdition
Mastercard Unveils Euro Crypto Debit Card Spend Bitcoin Directly
  • Mastercard has launched a Euro-dominated crypto debit card.
  • With the new implementation, users can spend crypto from self-custodial wallets.
  • Mastercard’s recent launch signals growing crypto adoption in the macro sector

Global payments giant Mastercard has launched a Euro-dominated crypto debit card. This new payment tool will enable users to spend crypto from self-custodial wallets at millions of merchants worldwide.

Mainstream Finance Embraces Crypto

Mastercard’s latest move underscores the growing involvement of mainstream finance giants in the cryptocurrency space. Banks, stock exchanges, credit card companies, payment providers, and Wall Street powerhouses like BlackRock and Fidelity are actively participating in the crypto industry.

Read also: Mastercard and US banks collaborate to streamline settlement of tokenized assets.

Mastercard had previously dabbled in crypto enablement, allowing users to connect their cards with crypto exchanges for spending. This recent development, however, deepens the payment giant’s crypto involvement by enabling users to spend cryptocurrencies stored in self-custody directly.

Partnership with Mercuryo

Ma…

The post Mastercard Unveils Euro Crypto Debit Card: Spend Bitcoin Directly appeared first on Coin Edition.

Read the article at CoinEdition

Read More

BTC and ETH Options Expire May 16 With Max Pain Zones at $100K and $2,200

BTC and ETH Options Expire May 16 With Max Pain Zones at $100K and $2,200

Significant Bitcoin (BTC) and Ethereum (ETH) options expiries are approaching, settin...
Fidelity and Grayscale Lead Outflows as Bitcoin and Ethereum ETFs See Red on May 14

Fidelity and Grayscale Lead Outflows as Bitcoin and Ethereum ETFs See Red on May 14

Bitcoin and Ethereum exchange-traded funds (ETFs) recorded net outflows on May 14, 20...