Mastercard Wins New York BitLicense to Expand Digital-Asset Operations
Mastercard has secured a New York BitLicense, giving it regulatory clearance to carry out digital-asset activities under one of the toughest crypto compliance regimes in the United States. The license strengthens Mastercard’s ability to build out stablecoin capabilities and scale its digital payments infrastructure.
The development comes as the Bank for International Settlements (BIS) continues exploring tokenized central bank reserves to accelerate cross-border settlement. Together, these moves point to rising institutional momentum behind blockchain-based financial rails.
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