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Deep Tide TechFlow news: On May 27, according to CoinDesk, Mastercard Transaction Services (U.S.) LLC, a subsidiary of Mastercard, has obtained a BitLicense issued by the New York State Department of Financial Services (NYDFS), becoming one of the few institutions to receive this qualification. Previously, Galaxy was approved earlier this month, and Strike was approved in March this year.
Launched in 2015, the New York BitLicense is one of the strictest cryptocurrency regulatory frameworks in the United States. It requires licensed institutions to meet multiple standards—including capital reserves, network security, compliance, and consumer protection—and to be subject to ongoing supervision.