Mastercard strikes deal with Binance to launch crypto payments card
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City AM
City AM
By Louis Goss Mastercard is set to launch a cryptocurrencies payments card, after striking a deal with Binance, the world’s largest crypto exchange. The crypto debit card will let users pay for everyday purchases using various cryptocurrencies, including Bitcoin, that they have stored in their Binance accounts. The payments card, which converts cryptocurrencies into fiat currency, is set to be made available to all new and existing Binance users in Argentina in the coming weeks, following the card’s global launch. Users of the crypto card will be able to make purchases and pay bills at more th…