Mastercard, Bakkt offer crypto-based credit, debit cards

Mastercard, Bakkt offer crypto-based credit, debit cards

Cryptocurrency exchange Bakkt is partnering with Mastercard (MA) to offer crypto debit and credit cards, making it easier for consumers to pay using digital coins.

Via Mastercard and Bakkt (), businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them. Holders can use bitcoin purchased through Bakkt with the card, or link to a fiat-based funding source, and receive bitcoin rewards.

Bakkt’s stock, which publicly listed on the NYSE on…


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