Mastercard to Help Banks Offer Crypto Trading — Executive Says Crypto Is on the ‘Cusp of Really Going Mainstream’

[Google News Bot]

Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. ...

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[Kvngsammy]

I still do not see how this will help resurrect crypto honestly. The trust has long been broken and any resurgence will only create more room for people to go in greedy - the whole purpose has been defeated.

 

[Sotherefore]

I still do not see how this will help resurrect crypto honestly. The trust has long been broken and any resurgence will only create more room for people to go in greedy - the whole purpose has been defeated.

It might not but it would slightly help in some cases in which citizens are not allowed to buy cryptocurrency directly from their bank account. . And it's only few countries that bans citizens from dealing with cryptocurrency

 

[Kvngsammy]

It might not but it would slightly help in some cases in which citizens are not allowed to buy cryptocurrency directly from their bank account. . And it's only few countries that bans citizens from dealing with cryptocurrency

You have a point there though. This can then in turn drive the crypto market to a bullish run but my major worry is the whales and other big movers that'll do anything to just make profits not minding that wasn't the main reason for establishing crypto.

 

[James2]

Yes recent problems is clear indication that nothing going well in crypto world and many government make strict rules means it will tough to see use of crypto will increase through this channel. Although it is good for them.

 

[Sotherefore]

You have a point there though. This can then in turn drive the crypto market to a bullish run but my major worry is the whales and other big movers that'll do anything to just make profits not minding that wasn't the main reason for establishing crypto.

Well that is another reason why the price of cryptocurrency has dropped, there are so many people that have huge influence in the price of cryptocurrencies but I wonder how they are able to do it.

 

[Mohammed Rashid]

That is another reason why the price of cryptocurrency has dropped; there are a lot of people who have a big influence on the price of cryptocurrency, but I'm curious.

 

[Sincerem]

That is another reason why the price of cryptocurrency has dropped; there are a lot of people who have a big influence on the price of cryptocurrency, but I'm curious.

MasterCard will not necessarily make the price of cryptocurrency to drop , it will expose a lot of people to cryptocurrency as they can easily buy it with their MasterCard without problem.