{"id":37644,"date":"2022-10-17T09:41:53","date_gmt":"2022-10-17T13:41:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=37644"},"modified":"2022-10-17T10:21:46","modified_gmt":"2022-10-17T14:21:46","slug":"mastercard-partnership-set-to-improve-crypto-trading-services","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/mastercard-partnership-set-to-improve-crypto-trading-services\/","title":{"rendered":"Mastercard Partners With Paxos To Improve Crypto Trading Services"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\" id=\"h-the-payments-giant-mastercard-had-started-a-service-to-figure-out-how-risky-crypto-exchanges-were-before\">The payments giant Mastercard had started a service to figure out how risky <a href=\"https:\/\/www.google.com\/search?q=crypto+exchanges&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noreferrer noopener\">crypto exchanges <\/a>were before.<\/h5>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"750\" height=\"563\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/image-73.png\" alt=\"Mastercard Partners With Paxos To Improve Crypto Trading Services\" class=\"wp-image-37646\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/image-73.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/image-73-300x225.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/image-73-150x113.png 150w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><figcaption>Mastercard Partners With Paxos To Improve Crypto Trading Services<\/figcaption><\/figure>\n\n\n\n<p>CNBC reported on Monday that payments giant Mastercard (MA) has teamed up with cryptocurrency trading platform Paxos to offer a program that will help banks offer cryptocurrency trading.<\/p>\n\n\n\n<p>The report says that Mastercard will make sure that banks follow the rules and are safe. The payments company had already started a service that lets issuers figure out how risky cryptocurrency exchanges are.<\/p>\n\n\n\n<p>Parikshit Mishra is the news editor for CoinDesk in the middle of the night in Asia and early in the morning in Europe. He doesn't own any type of cryptocurrency.<\/p>\n\n\n\n<p>CNBC reported on Monday that the payments giant has teamed up with cryptocurrency trading system Paxos to make a program that will help banks offer <a href=\"https:\/\/coinscreed.com\/staging\/ceo-hedge-fund-cryptocurrency-is-a-viable-trading-option.html\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrency trading<\/a>.<\/p>\n\n\n\n<p>The report says that Mastercard will be in charge of making sure that financial institutions follow the rules and are safe. The company that handles payments had already started a service that lets providers look at the risk account of crypto exchanges.<\/p>\n\n\n\n<p>&#8220;There are a lot of customers who are really interested in this and also <a href=\"https:\/\/coinscreed.com\/staging\/survey-finds-strong-crypto-use-and-penetration-in-saudi-arabia.html\" target=\"_blank\" rel=\"noreferrer noopener\">curious about crypto<\/a>, but they would feel a lot more secure if their banks offered these services,&#8221; Jorn Lambert, Mastercard's chief electronic policeman, told CNBC. &#8220;Some people are still a little scared by it.&#8221;<\/p>\n\n\n\n<p>The report says that Mastercard will help financial institutions follow crypto conformity rules, verify transactions, and offer <a href=\"https:\/\/coinscreed.com\/staging\/binance-tightens-its-money-laundering-checks.html\" target=\"_blank\" rel=\"noreferrer noopener\">anti-money laundering<\/a> and identity surveillance services.<\/p>\n\n\n\n<p>CoinDesk asked both Mastercard and Paxos for a comment, but neither company got back to them quickly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The payments giant Mastercard had started a service to figure out how risky crypto exchanges were before. CNBC reported on Monday that payments giant Mastercard (MA) has teamed up with cryptocurrency trading platform Paxos to offer a program that will help banks offer cryptocurrency trading. The report says that Mastercard will make sure that banks [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":37646,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[135,1560,292],"class_list":["post-37644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-trading","tag-mastercard","tag-paxos"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/image-73.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/37644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=37644"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/37644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/37646"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=37644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=37644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=37644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}