Binance Launches Mastercard Crypto Cards Across CIS Region
Binance has expanded its payment offering by launching a Mastercard-branded crypto card across multiple Commonwealth of Independent States (CIS) countries. The card lets users convert Bitcoin and other supported cryptocurrencies into local fiat instantly at the point of sale, so purchases are processed through Mastercard’s network without a separate sell order on an exchange. Binance says the rollout is intended to make everyday crypto spending faster and more seamless for consumers in the region.
The move could accelerate crypto adoption in CIS markets by bringing digital assets into regular retail use, and it positions Binance alongside other card issuers bridging crypto and fiat rails. At the same time, wider card usage will attract closer regulatory and compliance scrutiny around KYC/AML and local payment rules. For users, the practical benefit is clear: spend crypto like cash; for regulators and merchants, the rollout raises questions about oversight and settlement practices as on‑chain assets flow into fiat payments.