Mastercard Will Help Banks Offer Cryptocurrency Trading

Mastercard will help banks offer cryptocurrency trading. The payments giant will act as a “bridge” between Paxos, a crypto trading platform already used by PayPal, and banks. Mastercard will handle regulatory compliance and security -- two core reasons banks cite for avoiding the asset class. "There’s a lot of consumers out there that are really interested in this, and intrigued by crypto, but would feel a lot more confident if those services were offered by their financial institutions," says Jorn Lambert, Mastercard’s chief digital officer.

Source

Payment

Related News
Paradigm leads $82 million Series B round for crypto payments network Mesh Paradigm leads $82 million Series B round for crypto payments network Mesh
KuCoin introduces new crypto payment system for exchange users KuCoin introduces new crypto payment system for exchange users
MoonPay boosts self-custodial crypto spending with new solution MoonPay boosts self-custodial crypto spending with new solution
Ride-hailing platform TADA launches Telegram mini app, enabling bookings in TON or USDT Ride-hailing platform TADA launches Telegram mini app, enabling bookings in TON or USDT
Square Merchants now can Allocate a Portion of Sales to Bitcoin Square Merchants now can Allocate a Portion of Sales to Bitcoin
Latest News More More
9 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
9 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open