Nexo and Mastercard launch 'world first' crypto-backed payment card

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The launch signals the latest move by crypto and incumbent financial networks to join forces as digital assets become more mainstream.

FILE PHOTO: Credit card is seen in front of displayed Master Card logo in this illustration taken, July 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

It signals the latest move by crypto and incumbent financial networks to join forces as digital assets become more mainstream. "The card requires no minimum repayments, monthly, or inactivity fees. There are no FX fees for up to 20,000 euros per month," Nexo said.

 

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Nexo Malaysia is not yet available

I have this card. I am still trying to understand how to use it.

'world first' it is not available in my country. We will see.

Nexo I feel like this isn't the first crypto-backed payment card....

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