Browsing: Mastercard

Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients. Mastercard will act as a bridge between Paxos and banks. Mastercard’s program will handle regulatory compliance and security which are the two reasons banks avoid cryptocurrencies. 

Mastercard is now offering crypto risk assessment system Crypto Secure for its bank and card issuers customers. Powered by CipherTrace purchased last year, Mastercard provides a dashboard that indicates the riskiness of certain crypto merchants using a color-coded system.

In the wake of global geopolitical and economic instability, where economic sanctions are passed around like hotcakes, confidence in the Dollar as a global reserve currency is at an all-time low. With inflation running rampant nearing 8% YOY, does Bitcoin have what it takes to be a viable global medium of exchange?