Mastercard secures this BitLicense, and the digital asset payment landscape in New York State is likely to be rewritten. From card networks to on-chain settlements, veteran players are pivoting faster than expected.

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CryptoWorld News reports that Mastercard announced its subsidiary, Mastercard Transaction Services (U.S.) LLC, has obtained a BitLicense license issued by the New York State Department of Financial Services (NYDFS), allowing it to conduct digital asset activities in New York. Mastercard stated that the license will support its efforts to advance stablecoins, tokenized deposits, and blockchain payment and settlement infrastructure.
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