Mastercard Secures New York BitLicense to Advance Digital Asset Strategy
Bitcoin Magazine
Mastercard has obtained a New York BitLicense, enabling the company to expand its operations in stablecoins and blockchain-based payment infrastructure.Summary
Mastercard has been granted a BitLicense by the New York State Department of Financial Services, authorizing its subsidiary, Mastercard Transaction Services (U.S.) LLC, to conduct digital asset activities. This regulatory milestone allows the payments giant to further integrate stablecoins and tokenized deposits into its infrastructure. The move follows Mastercard’s recent strategic acquisition of stablecoin payments firm BVNK and reflects the company's broader effort to bridge traditional finance with blockchain-based payment systems under rigorous regulatory oversight.
(Source：Bitcoin Magazine)