Binance Restarts Mastercard Crypto Payments After 10 Months
Binance Exchange has reactivated crypto payments via Mastercard after ceasing the service in August last year. Binance, the world’s largest cryptocurrency exchange by trading volume, has lifted its 10-month-old restriction on the purchase of crypto with Mastercard. The action suggests that Mastercard users can now purchase digital assets without restriction using their cards. Binance and […]
Mastercard Launches P2P Pilot Program for Crypto Credentials
Mastercard has launched a P2P pilot program for crypto credentials to streamline transactions and prevent consumer error. Bit2Me, Lirium, Mercado, and FoxBit, all exchange partners of Mastercard, are participating in the exercise. Executive vice president of product and engineering for Latin America at Mastercard, Walter Pimenta, stated: “As interest in blockchain and digital assets continues […]
Peaq Selected for Award-Winning Mastercard Program
Peaq, a blockchain that operates at the layer 1 level, has announced its participation in the Mastercard Start Path project. According to representatives of Peaq, a layer 1 blockchain for real-world assets (RWAs) and decentralized physical infrastructure networks (DePINs), the payment giant’s program is intended to assist promising advanced-stage projects across a range of fintech […]
Mastercard Tests Tokenized Asset Settlement With Major US Banks
Mastercard teams up with leading US banks to test shared-ledger technology, to streamline tokenized asset settlement. Mastercard Inc. and several of the largest banks in the United States have initiated an innovative collaboration to test shared-ledger technology to facilitate the common settlement of tokenized assets. Commercial bank money, Treasury securities, and investment-grade debt securities are […]
1inch Partners With MasterCard, Baanx For Crypto Debit Card
1inch Network is launching a new crypto debit card featuring bitcoin-to-fiat currency bridge capability in partnership with Baanx and MasterCard The new debit cards will have full functionality, including a physical card with the account number, expiration date, and the “CVC” security code needed to complete some transactions, according to a blog post from 1inch. […]