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Cryptocurrency News Articles

Bahrain Crown Prince Receives Crypto.com Card, Signaling the Country's Embrace of Digital Finance

Dec 12, 2024 at 12:30 pm

Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, became the first person to receive a Crypto.com card powered by Mastercard.

Bahrain Crown Prince Receives Crypto.com Card, Signaling the Country's Embrace of Digital Finance

Prince Salman bin Hamad Al Khalifa of Bahrain has become the first person to receive a Crypto.com card powered by Mastercard. This move marks a significant milestone for both Bahrain and the digital finance sector in the region.

The partnership between Crypto.com and Mastercard allows users to make transactions at over 150 million locations worldwide, both online and in-store. Using this card, a consumer can get an 8% reward for all spending.

This card is part of a broader effort to integrate cryptocurrencies into everyday commerce. As Bahrain becomes a fintech hub in the region, this will attract more companies and investments to the country.

News source:bitcoinist.com

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Other articles published on Dec 12, 2024