#ny bitlicense

The payments giant, which processed nearly $11 trillion in volume last year, secured one of the US's most demanding state crypto licenses as it moves to settle transactions in digital assets.

Mastercard has secured a coveted New York BitLicense for a U.S. subsidiary, clearing the way to expand stablecoin and tokenized deposit infrastructure inside one of the world’s toughest regulatory regimes. Mastercard Transaction Services (U.S.) LLC, a subsidiary of Mastercard, has…