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New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
Mastercard AI-powered tool to help banks fight fraud
6.7.2023
Mastercard revealed a new AI-driven tool available to banks for collecting insights to predict scams and frauds involving real-time payments
Today in Crypto: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX's Liquid Marketplace Exceeds $3BN in Trading Volume, Binance’s Institutional Clients Remain Optimistic on Crypto
30.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX's Liquid Marketplace Exceeds $3BN...
Mastercard Introduces ‘Multi-Token Network’ to Support Wider Digital Asset Industry
30.6.2023
Mastercard has introduced its Multi-Token Network (MTN), an app store powered by blockchain technologies for building regulated financial applications. “MTN represents one of Mastercard’s most ambitious projects in the digital asset space to date,” said the payment giant’s head...
Mastercard is Piloting Tokenized Bank Deposits in New UK Testbed
28.6.2023
The card giant is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits and move onto experiments using stablecoins and CBDCs
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
23.6.2023
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners
Mastercard's 'Engage' Programme Enters Crypto Card Market
23.6.2023
The world’s second-largest payment-processing company, Mastercard, has announced that it is expanding its Engage program to help scale crypto and blockchain technology.
As per a press release, Mastercard is expanding its Engage program to allow a number of crypto firms to leverage the credit card...
Cryptopay EU card provider loses license, company says card funds are safe
22.6.2023
The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet
Mastercard Focuses Its ‘Engage’ Program on Crypto
22.6.2023
The expanded network helps bring new crypto card programs to market and creates crypto-to-fiat conversion capabilities, Mastercard said
HSBC, Mastercard File More Crypto-Related Trademark Applications
22.6.2023
HSBC and Mastercard, two major players in the banking and payment industries, have submitted additional trademark applications related to cryptocurrencies with the United States Patent and Trademark Office (USPTO). Mastercard’s filing focuses on crypto and blockchain transactions while...
Mastercard's Chief Says Blockchain Can Bring Much More Value to Financial Services
25.5.2023
Payment giant Mastercard finds that crypto and blockchain are useful and can bring much more value to financial industries as a whole, but only when they tackle the security and ease of use issues in order to build trust.
Raj Dhamodharan, Mastercard’s EVP and head of crypto and blockchain, spoke...
Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future
19.5.2023
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made...
Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’
17.5.2023
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank...
Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges
4.5.2023
Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency
Mastercard launches Web3 user verification solution to curb bad actors
29.4.2023
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
28.4.2023
The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021
Binance Reportedly Removes Restrictions on Russian Users
27.4.2023
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which...
Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
24.4.2023
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions
Mastercard Launches NFTs to Support Emerging Musicians Through Web3 Technologies
14.4.2023
According to Mastercard, the payments giant has launched non-fungible tokens (NFTs) that grant access to the Mastercard Artist Accelerator program, designed to support emerging musicians. Developed in collaboration with Polygon, the NFT project highlights Mastercard’s intent to embrace Web3...
Mastercard Drops Free NFTs, Launches Web3 Music Accelerator
13.4.2023
The Mastercard Music Pass NFT allows musicians to access its Mastercard Artist Accelerator Program, giving artists tools and resources to bolster their Web3 music careers