Strange Bed Fellows? Mastercard and Cryptocurrency
Cryptocurrency may be emerging as a payment processor, but maybe not so preferred due to high transaction fees. However, the credit card giant has unveiled a program to work together with cryptocurrency platforms in a program called the New Start Path Initiative.
The new Start Path program targeting blockchain and cryptocurrency companies would make it safer and easier for institutions and retailers to trade and hold cryptocurrencies. Meanwhile, the seven startups participating in the initiative are Singapore-based non-fungible token (NFT) marketplace Mintable, Switzerland-based fintech, digital assets firm Taurus, and Israeli crypto custody platform GK8. (courtesy Crypto Potato: https://cryptopotato.com/mastercard-unveils-new-start-path-initiative-for-blockchain-and-cryptocurrency-companies/)
The full article can be read here:
https://novonews.io/indiv-news?id=43748#.YQA4XPOqjqU.link
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