By Nermeen Nabil Khear 
Announced on April 8, this partnership is another step toward making crypto spending as easy as swiping a card.
Starting in the coming weeks, Kraken users in eligible regions will be able to join the waitlist for the new debit card. Instead of needing to convert digital assets into fiat before making a purchase, users can tap into their crypto holdings at checkout. Just like they would with a traditional bank card.
Kraken’s Crypto Card Push Aligns with EU Rules and Mastercard’s Web3 Ambitions
The move gives crypto holders more flexibility and shows that Kraken is betting big on everyday use of digital assets. “We want to bring crypto into the real world,” the company said in its announcement. This new card partnership with Mastercard is a major leap toward that goal.
The timing is no accident. Kraken is actively pursuing a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA). MiCA is a framework that aims to bring more legal clarity to the crypto industry across the EU. By getting a head start on regulatory compliance, Kraken is positioning itself ahead of the curve as Europe becomes a hotbed for crypto innovation.
Source: X
For Mastercard, this is another feather in its cap. The payments giant has been slowly but surely expanding its crypto footprint by working with exchanges and Web3 firms to bridge the gap between traditional finance and digital assets.
More About Kraken’s Debit Card
Kraken’s crypto debit card comes with clear and upfront fees when buying, selling, or converting assets. Each transaction shows a total fee before you confirm, so there are no hidden surprises. In some cases, a spread—built into the price—may apply, depending on things like the asset type, transaction size, payment method, or market conditions. It’s important to note that once you hit “buy,” there’s no turning back—transactions are final and non-refundable.
NEW: Mastercard partners with Kraken to allow European users spend #Bitcoin at over 150 million merchants worldwide
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— Bitcoin Magazine (@BitcoinMagazine) April 8, 2025
Kraken also sets limits for security and convenience: purchases have a minimum amount, and spending is capped over a 7-day period, including Apple Pay and Google Pay. All card activity also counts toward your daily and monthly funding limits. Plus, you’re allowed up to four successful attempts to save a card every 30 days, so think twice before deleting saved card info. Everything is stored securely and follows strict PCI compliance.
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The post Kraken and Mastercard Launch Crypto Debit Cards in Europe appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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