Mastercard receives New York BitLicense for stablecoin and blockchain settlement expansion
By
@coindesk
A baker's-dozen of insight crammed into one ring.
Summary
Mastercard has obtained a New York BitLicense, enabling the payments giant to expand into stablecoin and blockchain-based settlement infrastructure. The regulatory approval marks a significant step for mainstream adoption of digital assets, allowing Mastercard to support stablecoin payments and blockchain settlement systems within New York's regulatory framework.
Key quotes
· 2 pulledMastercard secures New York BitLicense to support stablecoin and digital payment infrastructure
The payments giant said the approval supports its push into stablecoins and blockchain-based settlement infrastructure.
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