Kraken has launched a phased rollout of its new Krak Card across the UK and EU, positioning the product as a multi-asset debit card designed to challenge traditional banks and neobanks. The Krak Card offers 1% cash back on all purchases—paid in either fiat or Bitcoin—alongside multi-asset spending capabilities across more than 400 supported crypto and fiat assets. With no FX or monthly fees and flexible spending rules that let users choose which assets fund each transaction, Krak delivers banking-style daily usability powered by a crypto-native infrastructure. Backed by Mastercard’s global payments network, the card ... (full story)