Mastercard May Accept Non-Anonymous, State Cryptocurrencies

Mastercard executive Ari Sarker said this week that the payments company may eventually consider regulator-supported, non-anonymous digital currencies.

Sarker also mentioned that they are currently running a pilot program in Japan and Singapore that would allow investors to cash out their Bitcoin cryptocurrency onto a MasterCard. Even though the program involves KYC and AML components, Sarker said they will not be operating Bitcoin trading through the Mastercard network.

A spokesperson also revealed previously that the company already had over 30 “patents related to blockchain technology and cryptocurrency.

Source: Coin Telegraph

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