While the leading cryptocurrency Bitcoin (BTC) and altcoins are experiencing sharp declines amid the uncertain macroeconomic environment and the tariff war between the US and China, they continue to witness important developments. Global payments giant Mastercard has partnered with Kraken to enable UK and European users to spend Bitcoin and cryptocurrencies at over 150 million merchants worldwide. This partnership allows Kraken users to spend their cryptocurrencies at over 150 million merchants worldwide that accept Mastercard. This collaboration marks an important step in the integration of Bitcoin into daily commerce. “Mastercard is committed to advancing innovation and expanding the possibilities of digital payments. Our partnership with Kraken is a concrete demonstration of this as we work together to unlock the true potential of crypto for everyday use,” said Scott Abrahams, Executive Vice President, Global Partnerships, Mastercard. “Cryptocurrencies are transforming the payments industry,” said David Ripley, Co-CEO of Kraken. “We envision a future where global commerce and everyday payments are powered by crypto assets. Our customers want to be able to easily pay for real-world goods and services with crypto or stablecoins. Our partnership with Mastercard is an important step toward making that happen.” *This is not investment advice. Continue Reading: Critical Bitcoin (BTC) and Cryptocurrency Move Comes from Mastercard as the Market Struggled with Sharp Declines!