{"id":364263,"date":"2021-11-09T00:44:59","date_gmt":"2021-11-08T21:44:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/breaking-mastercard-launches-crypto-linked-cards-across-asia-pacific\/"},"modified":"2021-11-09T00:44:59","modified_gmt":"2021-11-08T21:44:59","slug":"breaking-mastercard-launches-crypto-linked-cards-across-asia-pacific","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/breaking-mastercard-launches-crypto-linked-cards-across-asia-pacific\/","title":{"rendered":"# BREAKING: Mastercard launches crypto-linked cards across Asia-Pacific"},"content":{"rendered":"<p>&#8220;<strong># BREAKING: Mastercard launches crypto-linked cards across Asia-Pacific  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvNmZjYWNiYTQtY2I1Yi00YmFlLTk3MWMtMTFmMGQ2YmRlYThmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region.\u00a0<\/p>\n<p>In partnership with three cryptocurrency service providers, namely Amber Group and Bitkub in Thailand and CoinJar in Australia, Mastercard will <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.mastercard.com\/news\/ap\/en\/newsroom\/press-releases\/en\/2021\/november\/mastercard-partners-with-leading-digital-currency-companies-across-asia-pacific-to-launch-the-region-s-first-crypto-linked-payment-cards\/\">offer<\/a> crypto-funded payment cards that enable users to instantly convert their digital assets into traditional fiat money. <\/p>\n<p>\u201cRather than directly transferring cryptocurrencies to a merchant, cardholders will now be able to instantly convert their cryptocurrencies into traditional fiat currency which can be spent everywhere Mastercard is accepted around the world, both online and offline,\u201d the company said. <\/p>\n<p>Although Mastercard didn\u2019t specify which cryptocurrencies would be supported, the company singled out Bitcoin (BTC) and Ether (ETH) as two assets that are already accepted by some merchants but haven\u2019t yet achieved widescale adoption. According to Mastercard\u2019s own research on the Asia-Pacific region, 45% of people surveyed say they are considering using cryptocurrency in the next year. <\/p>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> of the crypto credit cards quickly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1457812725732630540\">spread<\/a> throughout <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, with influencers touting the growing mainstream <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eal of Bitcoin and other cryptocurrencies. Although crypto is enjoying newfound legitimacy as an investable asset class, as evidenced by the market\u2019s recent $3 trillion milestone, uptake in the payments sector has been much slower. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: MasterCard is launching <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>-backed cards across the Asia-Pacific region after announcing 3 partnerships today.<\/p>\n<p>\u2014 Bitcoin Archive  (@BTC_Archive) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1457812725732630540?ref_src=twsrc%5Etfw\">November 8, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<strong><em>Related: <\/em><\/strong><strong><em>Mastercard is preparing its infrastructure for the deployment of CBDCs<\/em><\/strong><\/p>\n<p>Mastercard, meanwhile, has had its fingerprints all over the cryptocurrency market, perhaps in anticipation that digital assets will one day gain traction as a payments vector. Last month, the credit card giant announced plans to allow United States partners to offer crypto loyalty rewards. By partnering with digital asset platform Bakkt, Mastercard said it plans to allow customers in the United States to buy, sell and hold crypto through custodial wallets. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/breaking-mastercard-launches-crypto-linked-cards-across-asia-pacific\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# BREAKING: Mastercard launches crypto-linked cards across Asia-Pacific &#8221; Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region.\u00a0 In partnership with three cryptocurrency service providers, namely Amber Group and Bitkub in Thailand and CoinJar in Australia, Mastercard&#8230;<\/p>\n","protected":false},"author":1,"featured_media":364264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvNmZjYWNiYTQtY2I1Yi00YmFlLTk3MWMtMTFmMGQ2YmRlYThmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,77423,117,78807],"class_list":["post-364263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-mastercard","tag-business","tag-credit-cards"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/364263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=364263"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/364263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/364264"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=364263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=364263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=364263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}