Mastercard secures New York BitLicense to support stablecoin and digital payment infrastructure

CoinDesk Staff

(01:15 PM UTC)

1 min read

The payments giant said the approval supports its push into stablecoins and blockchain-based settlement infrastructure.

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

The company announced…

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