Mastercard Wins NY BitLicense to Advance Stablecoin Payments Push

TLDR Mastercard secured a BitLicense from the New York State Department of Financial Services to operate digital asset services. The license allows Mastercard to expand its blockchain-based payment and settlement infrastructure under strict regulatory oversight. Mastercard recently agreed to acquire stablecoin firm BVNK in a $1.8 billion deal to strengthen its position. Stablecoins are increasingly [...]

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