Mastercard partners Paxos to aid banks in Bitcoin & Altcoin trading
The crypto -verse witnessed the arrival of a plethora of businesses over the last couple of years. Prominent payment firms Mastercard and PayPal’s arrival surprised quite a few individuals. Amidst this, the bear market led to the community speculating about the exit of these firms. However, it seemed like Mastercard was doubling down on its interest in Bitcoin [BTC]. Earlier today, the firm announced its latest initiative of offering support for financial institutions to offer crypto trading. As per recent reports, the firm is said to oversee regulatory compliance as well as security for banks. JUST IN: Mastercard to help banks obtain regulatory compliance to offer #crypto trading, CNBC reports. — Watcher.Guru (@WatcherGuru) October 17, 2022 It should be noted that the payments giant has teamed up with prominent crypto trading platform Paxos to carry out its initiative. Mastercard intends to ease the involvement of banks in crypto waters with Paxos. The cr...