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via Cointelegraph · By Cointelegraph Staff

Mastercard Secures New York BitLicense for Crypto Operations

CS
Cointelegraph Staff
(06:05 PM UTC)
1 min read
EW
Approved byEmily Watson

Mastercard’s US transaction services unit has received a BitLicense from the New York State Department of Financial Services (NYDFS), allowing the payments giant to conduct regulated digital asset business activity in the state.

The company announced the license approval on Wednesday, but did not unveil any new consumer-facing crypto products. Instead, Mastercard said it plans to continue…

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