Mastercard, Binance to launch their second prepaid crypto card in Latin America
Credit card giant Mastercard has teamed up with the world’s largest crypto exchange to launch another prepaid crypto card in Brazil. The new card is issued by Dock, a payment institution regulated by Banco Central do Brasil, Brazil’s central bank.
The new card will allow new and existing Binance users in the country with valid national IDs to make purchases and pay bills with crypto assets. The card is in a beta testing phase and will be “widely available in the coming weeks,” according to Binance.