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Mastercard Launches Bitcoin Card in the UK and EU

The third most visited cryptocurrency exchange in the world, Bybit, has announced the release of a debit card issued by Moorwand and powered by the Mastercard (NYSE: MA) network.

Users will be able to easily transition from the cryptocurrency world into the fiat world and make purchases or withdraw cash from ATMs using this card, according to a press release on March 6.

By using Bybit Card, consumers will be able to circumvent the need for middlemen and other off-ramp providers when making direct payments for products and services using their cryptocurrency holdings. Clients in qualifying countries in Europe and the UK who have completed the relevant KYC and AML processes will be able to make use of this service when it becomes accessible. 

Mastercard Bybit
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