Mastercard Says Expanding Crypto Card Program

Also Read: Coinbase Wells Notice Response Gets XRP Holders’ Ire; Here’s What Happened

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Mastercard Crypto Program Expanding

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According to a Reuters report, the financial services company is set to expand its crypto payment card programme with more partnerships with crypto companies. This is a welcome move for the Crypto Market, as such big partnerships come at a crucial time when regulators in the United States enforce actions against crypto businesses. The report quoted Mastercard’s head of crypto and blockchain Raj Dhamodharan as saying,

We have dozens of partners around the world who offer crypto card programmes and they continue to expand. Mastercard is “really quite enthusiastic” about the underlying blockchain technology that powers cryptocurrencies.

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