- “Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients.
- The payments giant will act as a “bridge” between Paxos, a crypto trading platform already used by PayPal, and banks. Mastercard’s program will handle regulatory compliance and security — two core reasons banks cite for avoiding the asset class.
- “There’s a lot of consumers out there that are really interested in this, and intrigued by crypto, but would feel a lot more confident if those services were offered by their financial institutions,” says Jorn Lambert, Mastercard’s chief digital officer.”
https://www.cnbc.com/amp/2022/10/17/mastercard-will-help-banks-offer-cryptocurrency-trading.html