Cryptocurrency exchange Kraken has teamed up with Mastercard to introduce crypto debit cards in Europe and the United Kingdom, as revealed on April 8. This move is part of Kraken’s expansion of payment options, allowing the exchange to issue physical crypto debit cards. The partnership is in line with Kraken’s efforts to obtain a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The new debit card will permit users to spend cryptocurrencies and stablecoins directly, with the rollout expected to commence in the upcoming weeks. Interested customers can join a waitlist to receive the card. The collaboration with Mastercard further enhances Kraken’s Kraken Pay service, which saw rapid growth since its launch in January 2025. Kraken Pay enables users to send over 300 crypto assets globally and introduces a paylink feature for easy payments via a URL. Notably, more than 200,000 customers out of Kraken’s 15 million user base have activated Kraktag, a unique identifier for receiving funds securely. Kraken’s co-CEO David Ripley emphasized the shift towards crypto in the payments sector, envisioning a future where crypto plays a significant role in everyday transactions. The partnership with Mastercard aims to facilitate seamless crypto payments for real-world goods and services, ensuring long-term relevance and usability. This story is developing, and updates will follow as more information becomes available.