Binance and Mastercard partner for prepaid crypto cards in Argentina

Major crypto exchange Binance has partnered with Mastercard to launch a prepaid card for the residents of Argentina.

Binance said the card will allow its clients in Argentina to use Bitcoin (BTC), BNB and other cryptocurrencies to make purchases as well as ATM withdrawals in fiat wherever Mastercard is accepted.

According to Binance, the introduction of the card — expected to be “widely available in the coming weeks” — was part of the company’s efforts to further the global adoption of crypto.

Residents of Argentina will be the first in the region to have access to the cards.