Mastercard will enable banks to trade crypto Mastercard payment system launches a new program of work with banks. It will facilitate and speed up operations with crypto.
Mastercard will become an intermediary between Paxos (a well-known crypto provider) and banks. The company will monitor safety and compliance with regulatory requirements.
They will act as intermediaries and leave their main job to the banks - to follow the regulation, verify the transactions and the identity of the client, prevent money laundering, etc.
Mastercard will launch a new product in the first quarter of 2023 within a single region. If the experience is successful, then such a service will appear all over the world.
Every day we hear more and more new good news about the inception of cryptocurrency into everyday life, this makes us very happy
