Apple Inc.
AAPL
$175.49
−3.58 (2.00%)
Mastercard to support Certain Cryptocurrencies on Its Network

Published by

December 5, 2024
(GMT+2)

Mastercard Inc. on Wednesday stated that it is making preparations for the direct support of cryptocurrencies on its network this year, as the company follows the climb of digital assets.The company stated that it is seeing more people using crypto cards to access and convert these assets into traditional currencies for spending.This will provide additional opportunities for shoppers and merchants to transact in a new way, as well as open up new clients for merchants, the company. While the move isn’t a recommendation for people to begin using cryptocurrencies, it will provide people with a choice, Mastercard said.

WHAT TO READ NEXT

Ready to get started?

Start trading with the full package, from state of the art platform to free tool and favorable transaction fees.