Mastercard will help banks start trading in cryptocurrencies

Mastercard wants to get more banks involved in crypto by making it easier for them to do so

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The payments giant plans to introduce a program Monday to assist financial institutions provide bitcoin trading

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Mastercard and Paxos will manage compliance and security, two reasons banks avoid the asset class

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Mastercard's chief digital officer claimed polling indicated demand for the asset, but 60% of respondents said they'd prefer use their present banks

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Goldman Sachs, Morgan Stanley, and JPMorgan have crypto teams but don't offer it to consumers

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Mastercard and Visa are partnering in crypto. Mastercard has partnered with Coinbase on NFTs and Bakkt to help banks and merchants offer crypto services

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In a strange way, cryptocurrencies were made to replace banks and middlemen like Mastercard and Visa

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