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Mastercard and digital currency exchange Gemini to launch crypto rewards credit card | Yahoo Finance

Mastercard Inc and U.S. cryptocurrency trade Gemini will launch the primary bank card that provides customers digital forex “rewards” on purchases this yr, deepening the involvement of main fee corporations within the rising asset class. Customers of the cardboard will from this summer season obtain as much as 3% in bitcoin or different cryptocurrencies on their purchases, the businesses mentioned in an announcement, with the digital forex deposited within the cardholder’s Gemini account. Fee giants from Mastercard and Visa Inc to PayPal Holdings Inc have stepped up their engagement with cryptocurrencies in latest months, as bigger buyers and corporations heat to bitcoin and its kin.

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Mastercard and digital currency exchange Gemini to launch crypto rewards credit card | Yahoo Canada Finance

Mastercard Inc and U.S. cryptocurrency alternate Gemini will launch the primary bank card that provides customers digital forex “rewards” on purchases this yr, deepening the involvement of main cost corporations within the rising asset class. Customers of the cardboard will from this summer time obtain as much as 3% in bitcoin or different cryptocurrencies on their purchases, the businesses stated in an announcement, with the digital forex deposited within the cardholder’s Gemini account. Fee giants from Mastercard and Visa Inc to PayPal Holdings Inc have stepped up their engagement with cryptocurrencies in latest months, as bigger buyers and firms heat to bitcoin and its kin.

Read More

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