Mastercard made its latest crypto play on Tuesday as it partnered with BitOasis to bring customers in the Middle East and North Africa crypto-linked payment cards.
in April to offer a similar crypto-backed payment card. The Nexo card is linked to a crypto-backed credit line, allowing investors to spend as much as 90% of the fiat value of their crypto assets.with several firms across the Asia Pacific, including Amber Group, CoinJar, and Siam Commercial bank-owned exchange platform Bitkub to offer crypto-linked payment cards.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Adam Morgan is a reporter covering cryptocurrency markets, financial markets, and economics, including price movements, earnings reports, U.S. Federal Reserve interest rate decisions, inflation, and everything in between.