"Kraken is launching a cashback U.S. debit card, vying for a place in consumer wallets as crypto evolves from an asset class into infrastructure for mainstream financial products. The card, called the Krak Card and issued by the affiliate money app of the same name, offers up to 2% cash or bitcoin back, with the rate increasing based on the value of assets a customer holds. Rewards are paid directly as money rather than points.   It also lets customers spend directly from more than 600 currencies and crypto assets."

"Crypto exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more than a hundred countries. The move is a bid to expand Kraken's offerings beyond its digital asset trading business, and puts the firm in competition with PayPal, Venmo and Block's CashApp."