Cryptoknowmics
2022-10-18 05:53:55

Mastercard to Assist Banks in Providing Cryptocurrency Trading Services

According to news reports the payment giant Mastercard (MA) has collaborated with cryptocurrency trading platform Paxos to provide a program that would assist financial firms in offering cryptocurrency trading. Mastercard to Handle Regulatory Compliance and Security The report states that Mastercard would be in charge of security and regulatory requirements for banks. Earlier, the payments company had launched a technology that enables issuers to evaluate the risk profile of cryptocurrency exchanges. Additionally, some customers have expressed skepticism. The world’s leading digital assets have seen their price decline by more than 50% this year, and cryptocurrencies such as bitcoin are renowned The post Mastercard to Assist Banks in Providing Cryptocurrency Trading Services appeared first on Cryptoknowmics-Crypto News and Media Platform.

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