Mastercard Secures New York BitLicense for Crypto Operations

Mastercard Secures New York BitLicense for Crypto Operations

Mastercard’s US transaction providers unit has obtained a BitLicense from the New York State Division of Monetary Providers (NYDFS), permitting the funds big to conduct regulated digital asset enterprise exercise within the state. The corporate introduced the license approval on Wednesday, however didn’t unveil any new consumer-facing crypto merchandise. As a substitute, Mastercard mentioned it…

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JPMorgan, Mastercard Make US Treasury Switch on XRP Ledger

JPMorgan, Mastercard Make US Treasury Switch on XRP Ledger

Wall Road financial institution JPMorgan and bank card large Mastercard stated they’ve accomplished the primary cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails. The pilot transaction concerned blockchain tokenization platform Ondo Finance redeeming the US Ondo Brief-Time period US Authorities Treasuries (OUSG) fund for Ripple…

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