Friday, 27 May 2022

Mastercard Aims to Expand More Into Cryptocurrency Despite Recent Market Meltdown

Mastercard Aims to Expand More Into Cryptocurrency

The cryptocurrency market has taken a downturn in recent weeks. Bitcoin, the bellwether for the crypto market, hit a 52-week low last week, a slump not seen since December 2020, and with it, the rest of the altcoins. Mastercard was not deterred from expanding more into the cryptocurrency space, despite the recent market volatility linked to several factors. Regardless of this current crypto crisis, enterprising executives and investors are optimistic about the cryptocurrency industry's long-term potential.

Mastercard has capitalized on this market condition by making strategic partnerships with crypto platforms to make the best of this ...

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