MASTERCARD BUYS CIPHERTRACE
Mastercard are reportedly new owners of the cryptocurrency intelligence company CipherTrace.
They made their first announcement on the possible buy of CipherTrace last month. California-based company is known for providing digital asset security and anti-fraud services for several world’s largest banks, exchanges and other financial institutions.
The acquisition of the company is going to bring many useful financial service utilities to the existing ones.Mastercard believe it will help them to combine artificial intelligence with cyber and blockchain capabilities, to provide customers with greater transparency and making their network even more secure. Company plans to create new platforms to test and support central bank digital currencies and programs to support the broader use of blockchain technology.
“Today marks a significant milestone for Mastercard as we further enhance our strategic capabilities, technologies and teams to support the evolution of digital assets,” said Aj
