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Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocurrency Adoption – Featured Bitcoin News

Funds large Mastercard is increasing its payments-focused consulting service to incorporate cryptocurrency. It covers “a spread of digital foreign money capabilities, from early-stage schooling, danger assessments, and bank-wide crypto and NFT technique growth to crypto playing cards and the design of crypto loyalty packages.”

Mastercard’s Crypto Consulting Service

Mastercard introduced Tuesday the enlargement of its payments-focused consulting service. Among the many new practices is one devoted to “crypto & digital currencies,” the corporate wrote.

Noting that it’s “serving to banks navigate the adoption of digital currencies,” the funds large detailed:

Mastercard’s consulting efforts with banks and retailers cowl a spread of digital foreign money capabilities, from early-stage schooling, danger assessments and bank-wide crypto and NFT technique growth to crypto playing cards and the design of crypto loyalty packages.

“Mastercard has curated partnerships with digitally native corporations that supply best-of-breed options in cryptocurrencies,” the corporate added.

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Furthermore, the funds firm “has helped fintechs increase into new markets, working by means of go-to-market planning and commercialization methods.”

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Mastercard began bringing crypto onto its community in February final yr. The corporate is specializing in creating services round cryptocurrencies, stablecoins, and central financial institution digital currencies (CBDCs).

In January, Mastercard partnered with cryptocurrency alternate Coinbase to make non-fungible tokens (NFTs) extra accessible to everybody. Clients will be capable to use their Mastercard playing cards to make purchases on Coinbase’s coming NFT market.

What do you consider Mastercard’s crypto efforts? Tell us within the feedback part under.

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Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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