Mastercard Launches Crypto-Linked Payment Cards in Asia Pacific

Mastercard Launches Crypto-Linked Payment Cards in Asia Pacific
Mastercard has partnered with digital asset service companies Amber Group, Bitkub, and CoinJar in order to allow consumers and businesses across Asia Pacific to obtain crypto-linked Mastercard credit, debit and prepaid cards, the company said in a statement Monday.Cardholders can now instantly convert their cryptocurrencies into traditional fiat currency that can be spent everywhere that Mastercard is accepted. Mastercard’s partners for this initiative are the first Asia Pacific-based cryptocurrency platforms to join Mastecard’s global Crypto Card Program, according to the statement.45% of those surveyed in Asia Pacific said they’re likely to consider using cryptocurrency in the next year, up from…