Browsing: Mastercard
Mastercard partners with Polygon to help artists build personal brands through NFT and metaverse. The Mastercard Artist Accelerator Program will be live from spring 2023.
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.
Residents in the Mendoza province in Argentina can now pay government fees and taxes with cryptocurrencies, marking yet another development in Argentina’s move toward wider use of cryptocurrencies.
The CEO of Mastercard recently announced a cooperation with Binance suggesting that consumers may soon be able to pay for everyday items using Bitcoin. The partnership aims to make crypto payments available at any of the 90 million retailers that accept Mastercard.
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?