Mastercard

Mastercard has launched a euro debit card enabling direct spending of Bitcoin and crypto from non-custodial wallets at its over 100 million merchants. The move reflects Mastercard's expanding efforts to bridge Bitcoin with its traditional payments network.

Mastercard says wider availability will roll out to more than 7 million users across participating exchanges.

The new bitcoin and crypto-backed prepaid Binance Card is coming to Brazil, one of the exchange’s largest markets.

Mastercard is set to announce plans to help banks offer bitcoin and cryptocurrency trading, handling any regulatory compliance and security.

Users of Binance card can earn up to 8% cashback on purchases and bill payments through Mastercard’s vast network of over 90 million merchants worldwide.

Edge’s new card will not collect KYC data used to determine a person’s identity giving complete privacy and instant transfers with no fees.

Nexo, a lending services provider, has partnered with Mastercard and DiPocket to offer Nexo Card, a credit card backed by bitcoin or other cryptocurrencies.

The card giant partnered with three bitcoin service providers in the region to enable consumers to spend BTC anywhere that accepts Mastercard.

Mastercard is said to be planning to allow any bank or merchant on its vast network to accept Bitcoin and offer Bitcoin and Bitcoin rewards.

Mastercard is part of a larger effort to introduce social credit scoring under the guise of ESG concerns. Bitcoin fixes this.