Mastercard Secures New York BitLicense To Advance Digital Asset Strategy

Mastercard has received a BitLicense from the New York State Department of Financial Services (NYDFS), clearing the way for the payments giant to conduct digital asset activities under one of the strictest crypto regulatory frameworks in the United States.

The license was granted to Mastercard Transaction Services (U.S.) LLC, a subsidiary of the global payments company, which operates in more…