Mastercard Launches Crypto-linked Payment Cards Across the Asia-Pacific

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In a massive step for crypto adoption, Mastercard announced the launch of crypto-linked payment cards across the Asia-Pacific region last week. The credit card giant is partnering with Amber Group, Bitkub in Thailand, and CoinJar in Australia; all these companies offer cryptocurrency purchase and exchange services in their respective domestic markets.

For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit or pre-paid cards that will enable them to instantly convert their cryptocurrencies into traditional fiat currency, which can be spent everywhere Mastercard is accepted around the world, said a statement on Mastercard's website.


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