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Mastercard, Binance launching prepaid card in Brazil

Brazil is one of Binance's ten-largest markets, the crypto said, adding that the prepaid card will all new and existing Binance users in the country to shop and pay bills with cryptocurrencies at Mastercard merchants.

SAO PAULO, Jan 30 (Reuters) - Mastercard Inc (MA.N) and Binance said on Monday they are lauching a prepaid card in Brazil, Latin America's largest economy, as part of the crypto giant's efforts to "broaden the connection between traditional finance and crypto".

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brazil, payments