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The Nexus
BUSINESSMay 27 · 15:31 UTCBITCOIN MAGAZINEMicah Zimmerman

Mastercard Secures New York BitLicense to Advance Digital Asset Strategy

Mastercard has obtained a BitLicense from New York's financial regulator, enabling it to expand into digital asset activities like stablecoin infrastructure and blockchain payments. The approval follows its $1.8 billion acquisition of stablecoin firm BVNK and aligns with its strategy to integrate crypto into mainstream finance.

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Mentioned
MastercardorganizationNew York State Department of Financial ServicesorganizationMastercard Transaction Services (U.S.) LLCorganizationBVNKorganizationJorn LambertpersonBitLicensetopicStablecoinstopicCryptocurrencytopic
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