Crypto-linked cards to be launched by Microsoft across Asia-Pacific region.

  • 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.
  • In partnership with three cryptocurrency service providers, namely Amber Group and Bitkub in Thailand and CoinJar in Australia, Mastercard will offer crypto-funded payment cards that enable users to instantly convert their digital assets into traditional fiat money.
  • 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
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