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Binance Rolls Out Prepaid Mastercard Crypto Card Across Select CIS Markets

The card converts crypto to local currency at checkout for use at Mastercard merchants.

Overview

  • Binance confirmed the CIS launch through marketing lead Anka Tsintsadze, with availability cited for verified users in jurisdictions including Armenia.
  • Reporting states the Mastercard-linked card can be used at more than 90 million merchants worldwide through real-time crypto-to-fiat conversion.
  • Regional integrations include funding in Kazakhstani tenge via local banks and Mastercard channels and deposits in Uzbek som through the Humo network.
  • Users must complete KYC and AML checks to apply, with no issuance or annual fees noted by Binance though third‑party charges may apply.
  • Rewards vary by source, with crypto.news citing up to 2% cashback and Coindoo reporting 2–8% in some regions; Binance also launched a Valentine-themed promotion as U.S. prosecutors warned about romance-related crypto scams.