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“# Stripe builds new crypto team for payments three years after dropping Bitcoin ” U.S. fintech giant Stripe is hiring a new blockchain team to enable crypto payments for its users. The $100 billion company is returning to the crypto sector three years after it pulled back from offering Bitcoin support due its slow transaction…
“# Adapt or die: Payments giants partner with crypto firms to ensure security ” Institutional interest for digital assets continues to grow rapidly, demonstrating that cryptocurrencies, stablecoins and nonfungible tokens (NFT) are here to stay. At the same time, traditional financial institutions are beginning to understand the dire need to properly support digital assets. For…
“# Mastercard acquires major crypto forensics outfit CipherTrace ” Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move. According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over…
“# Digital payment ecosystem MobileCoin raises $66M ” MobileCoin, a crypto-focused digital payment ecosystem, announced Wednesday that it has concluded a $66 million funding round as part of a wider effort to bring more of its products and services to market. The Series B had participation from several leading venture funds from within the blockchain…
“# Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support ” Hybrid crypto-fiat platform Alchemy Pay announced Monday that the company will be launching virtual crypto-linked cards accepting more than 40 cryptocurrencies like Bitcoin (BTC). The new cards can be linked to Google Pay and PayPal digital wallets, and make payments across…
“# Aussie crypto exchange CoinJar partners with Mastercard for crypto cards ” Mastercard has been making headlines consistently as it ramps up efforts to offer crypto services across the globe. In a new partnership with CoinJar, Mastercard will enable the Australian market to spend cryptocurrencies within its fiat infrastructure. CoinJar’s blog post highlighted that the newly…
“# We have to be in the crypto space, Mastercard CEO says ” Traditional card networks are vying to ensure their services remain at the center of new developments in digital assets, whether they be central bank digital currencies or private sector stablecoins. In an earnings call on July 29, Mastercard CEO Michael Miebach discussed recent…
“# Mastercard chooses 7 crypto startups for Start Path accelerator ” International payment giant Mastercard continues focusing on the digital asset industry by welcoming a batch of major cryptocurrency startups in its fintech accelerator. The company announced Tuesday a new startup engagement program as part of Mastercard Start Path, an accelerator program for fintech startups,…
“# Mastercard’s latest partnership to help banks distribute crypto cards ” American fintech giant Mastercard has announced plans to revamp its crypto card program, to enable traditional banks and crypto companies to offer cards to its users for transacting with digital assets. According to the official statement: “Mastercard and its partners will test this new capability…
“# 40% intend to use crypto for payments in the next year: Mastercard survey ” A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year. The survey, published on May 4 and titled ‘Consumer Appetite for Digital Payments Takes Off’, polled…