Kraken unveils Krak Mastercard debit app in UK and EU for multi-asset payments
Crypto Briefing
Kraken launched the Krak Mastercard debit app in the UK and EU for real-time spending using multiple cryptocurrencies.Summary
Cryptocurrency exchange Kraken has launched its Krak Mastercard debit app across the UK and EU, enabling users to make real-time payments using various digital assets. The app integrates features like salary deposits via IBAN, signaling Kraken's ambition to serve as a comprehensive alternative to traditional banking. This launch leverages Mastercard's technology to facilitate instant conversion of crypto holdings for everyday purchases, supporting Kraken's ongoing European expansion of regulated custody and crypto services.
(Source：Crypto Briefing)