Kraken Launches Crypto Debit Cards with Mastercard Across UK and Europe

YEREVAN (CoinChapter.com) — Kraken announced on April 8 that it partnered with Mastercard to issue crypto debit cards across the UK and Europe. This rollout will begin in the coming weeks. A waitlist is now open.

The Kraken crypto card allows users to spend both cryptocurrencies and stablecoins directly. Users can join the waitlist on Kraken’s official website.

This step follows Kraken’s ongoing efforts to obtain a license under the Markets in Crypto-Assets Regulation (MiCA), which will allow it to operate across all EU member states under a unified legal framework.

Kraken Crypto Card Waitlist Now Open

The Kraken crypto card will be available to users in the UK and European Union. Kraken confirmed that the waitlist has already opened, although it did not provide a specific release date.

The Kraken UK card and Kraken Europe card aim to let users pay directly with digital assets. There is no need to convert crypto into fiat before using the card.

Kraken did not release full details about card features, supported currencies, or transaction limits. Users are expected to receive more information once the rollout begins.

Kraken Pay Supports Global Crypto Payments

The Kraken crypto card builds on the launch of Kraken Pay, introduced in January 2025. The service allows users to send over 300 cryptocurrencies globally.

Kraken Pay includes a paylink feature that lets users send payments using a URL. The system works across borders and simplifies the process of transferring crypto.

Kraken reported that more than 200,000 users have activated Kraktag, a feature that allows users to receive funds without revealing personal banking information. Kraktag may later connect with the crypto debit cards, but Kraken has not confirmed this yet.

Mastercard has worked with multiple crypto platforms. It previously partnered with MetaMask and Mercuryo, both involved in crypto payments infrastructure.

Mastercard’s collaboration with Kraken adds to its existing work in this space. The Mastercard crypto card initiative supports the broader push toward integrating digital assets into traditional finance systems.

Scott Abrahams, executive vice president at Mastercard, said the firm is working with Kraken to “unlock the true potential of crypto assets for everyday use.” He did not provide additional technical or operational details.

Kraken Plans Wider Use of Crypto in Daily Payments

Kraken co-CEO David Ripley stated that, above all, clients want to use crypto payments for everyday purchases. He said the partnership with Mastercard will help achieve that goal.

Ripley said, “Our clients want to be able to seamlessly pay for real-world goods and services with their crypto or stablecoins.” He added that the company’s goal is to make crypto payments more useful in daily life.

Moreover, Kraken has not announced if the Kraken crypto card will include additional services like cashback or loyalty features. Details are expected to be released once the product is live.