Mastercard joins the Blockchain Security Standards Committee to collaboratively develop security frameworks with members like Coinbase.

Mars Finance reports that, according to BeInCrypto, Mastercard has joined the Blockchain Security Standards Committee (BSSC) as a charter-level member, working alongside members such as Coinbase, Fireblocks, Anchorage Digital, and BitGo to develop security frameworks for blockchain networks and tokenized assets. Mastercard will also join a working group focused on security and privacy guidelines, led by the security solutions department responsible for fraud prevention, network resilience, disputes, and threat intelligence, with Claire Le Gal representing Mastercard on the BSSC board of directors. A BSSC executive stated that Mastercard’s payment experience is of significant value in establishing robust blockchain security rules. Mastercard has launched multiple token networks and crypto credential products aimed at embedding trust into blockchain and tokenization infrastructure.