Mastercard Partners With Winklevoss’ Gemini To Launch Its Crypto Rewards Credit Card

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One of the world’s largest credit card company, Mastercard has partnered with the Winklevoss brothers’ Gemini cryptocurrency exchange to facilitate its credit card crypto reward system. The Gemini-powered credit cards would offer a 3% crypto reward on purchases through the card starting this summer. The card is to be issued by WebBank, a Utah-based digital lender. Many Are Waiting For The Card Gemini first announced its credit card with crypto reward system back in January this year and the services would be available in all 50 states of the US. Since then, a waitlist of 140,000 Gemini customers have signed up to use the credit since the list was incorporated earlier this year. Gemini will use the extensive Mastercard network and will offer many new features with the card. Raj Dhamodharan, Mastercard’s head of digital assets and blockchain products & partnerships, said: “As consumers go about spending in various acceptance…

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