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February 11, 2021 02:02 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VuJs_tHtndQ/mastercard-to-open-up-network-to-select-cryptocurrencies
Mastercard To Open Up Network To Select Cryptocurrencies
Mastercard announced on Wednesday it was planning to offer support for some cryptocurrencies on its network this year. Reuters reports: Mastercard already offers customers cards that allow people to transact using their cryptocurrencies, although without going through its network. "Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form of payment. This change may open merchants up to new customers who are already flocking to digital assets," Mastercard said. Mastercard specified that not all cryptocurrencies will be supported on its network, adding that many of the hundreds of digital assets in circulation still need to tighten their compliance measures. The announcement comes after Elon Musk revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VuJs_tHtndQ/mastercard-to-open-up-network-to-select-cryptocurrencies
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