<div id="readability-page-1"><div><div><p>Kraken has officially launched the Krak Card, a Mastercard crypto debit card for residents living in the EU countries and the United Kingdom. The Krak card would allow users to spend more than 400 cryptocurrencies and fiat currencies seamlessly.</p><p>Launched on November 25, 2025, the Krak Card can be used wherever Mastercard is accepted, covering more than 150 million merchants worldwide. Its standout feature is multi-asset flexibility, allowing purchases to draw from multiple assets automatically. </p><div><div><blockquote><div dir="ltr" lang="en"><p>Introducing your new debit Card + Money App 💳📱</p><p>• 1% cashback on every spend<br/>• 400+ currencies — cash &amp; crypto<br/>• Fee-free spending</p><p>Get your Krak Card now 👇https://t.co/tfArZ6D6ydpic.twitter.com/aiiMg8NAsV</p></div>— Krak (@Krak) November 25, 2025</blockquote></div></div><p>For example, if a user buys an item for €100 but holds only €80 in Bitcoin, the remaining €20 is pulled from another asset of the user’s choice. This eliminates the need for manual crypto conversions and simplifies everyday spending.</p><p>Kraken charges no transaction, exchange, or monthly fees, though a spread applies when assets need to be sold to complete a payment. The card is available in both virtual and physical formats, with the virtual version activated instantly through the Krak app and compatible with Apple Pay and Google Wallet. Two free physical card designs—orange and black—can also be ordered through the app.</p><div><div><blockquote><div dir="ltr" lang="en"><p>I love paying with my @Krak card everywhere 😎</p><p>Let's gooo 🔥 pic.twitter.com/kFtEDwvqWY</p></div>— The Bitcoin Coffee Guy⚡️☕️ (@josebitcoiner) December 20, 2025</blockquote></div></div><p>Every Krak Card transaction earns up to 1% cashback, payable in euros, British pounds, or Bitcoin. Unlike many competing crypto cards, users do not need to stake any tokens to access this reward. Cashback tiers are based on the total assets held across Kraken and Krak accounts, with a minimum spend of €0.50 required to qualify for rewards. </p><p>Full KYC verification under EU and UK anti-money-laundering rules is required, and transactions are monitored in real time. Users can receive provisional credit within 24 hours for disputed charges. The app allows users to prioritize or exclude specific assets, enabling long-term holdings, such as Bitcoin, to remain untouched while other assets are used for daily purchases.</p><p>Krak is not a bank, so deposits are not covered by FSCS insurance, though fiat funds are held in segregated accounts under Kraken’s Electronic Money Institution license. Looking ahead, Kraken plans to launch Krak Vaults, enabling users to earn yields by connecting holdings to independently audited DeFi lending protocols. While European Economic Area residents are initially excluded, UK users can earn up to 3.6% APY.</p><div><div><blockquote><div dir="ltr" lang="zh"><p>新动作又来，@RiverdotInc 在 Kraken 上线现货，<br/>算是真正迈进主流市场的一步。</p><p>我也顺手试了下 Smart Vault 2，投了 200u。<br/>流程简单，收益结构是 6% 固定 + River Points 奖励，<br/>总收益据说可以到 40%+，但那部分要看积分兑换和代币走势。</p><p>这类 Vault 的思路挺实在的，… pic.twitter.com/KMiXGUkkOF</p></div>— Ming (@Ming175805) November 4, 2025</blockquote></div></div><p>The Krak Card operates under a robust regulatory framework, including Kraken’s MiCA license from the Central Bank of Ireland, MiFID license, EMI license, and longstanding FCA registration in the UK. Co-CEO Arjun Sethi described the Central Bank of Ireland’s approval as a “powerful signal of Kraken’s commitment to responsible innovation.”</p><div><div><blockquote><div dir="ltr" lang="tr"><p>Kraken’dan Avrupa’da Çoklu Varlık Destekli Kart!</p><p>Kraken, Mastercard destekli Krak Card’ı Avrupa’da kullanıma sundu. Kart, 400’den fazla kripto ve fiat varlıkla ödeme yapma imkânı ve yüzde 1 geri kazanım sunarak MiCAR lisansı sonrası şirketin Avrupa’daki büyüme stratejisini…</p></div>— fintekwins (@fintekwins) November 26, 2025</blockquote></div></div><p>In Europe’s competitive crypto card market, Kraken stands out for its zero fees, wide asset support, multi-asset spending, and no staking requirement. For EU and UK users, the Krak Card simplifies using crypto for daily expenses, from groceries to travel, while integrating fiat deposits via IBAN. Kraken reminds users that crypto payments may constitute taxable events depending on local laws and recommends consulting a tax advisor.</p></div></div></div>

<p>Kraken has launched the Krak Card, a Mastercard crypto debit card, in the EU and UK. The card supports over 400 cryptocurrencies and fiat currencies, offers 1% cashback without staking, and charges no transaction fees. It can be used globally where Mastercard is accepted. The card is available in virtual and physical formats, with real-time transaction monitoring and full KYC verification. Kraken plans to introduce Krak Vaults for yield earning. The card operates under a robust regulatory framework, including licenses from the Central Bank of Ireland and FCA.</p>

- Kraken has launched the Krak Card, a crypto debit card compatible with over 400 cryptocurrencies and fiat, available in the EU and UK since November 25, 2025.  
- Users can spend seamlessly at over 150 million merchants worldwide, benefiting from features like multi-asset flexibility and 1% cashback without staking tokens.  
- The card adheres to regulatory standards and offers no transaction or monthly fees, making it a competitive option in Europe’s crypto card market.

Kraken Launches Krak Card in Europe: Multi-Currency Spending With Cashback, No Staking Required