Despite regulatory uncertainty and recent turmoil in the crypto markets, Visa and Mastercard are doubling down on efforts to prepare for blockchains to become mainstream payments infrastructure. Visa and Mastercard have both indicated their commitment to crypto in recent days through job descriptions and product updates. Their investments are a form of futureproofing: If blockchain […]
Tag: Crypto
Involvement with crypto is spooking banks, but digital assets more generally remain attractive: Banks are still interested in letting their clients issue, transfer, settle, and safekeep tokenized equities, and startups are jockeying to provide infrastructure. Digital asset infrastructure firm Taurus has raised a $65 million Series B led by Credit Suisse, with participation from Deutsche […]
Despite recent turmoil in the crypto markets, Visa is “doubling down” on its efforts to prepare for blockchains to become mainstream payments infrastructure. Visa expects blockchain technology to transform consumer payments within the next ten years and it’s dedicated to being on the forefront of that transition, according to head of crypto Cuy Sheffield. The […]
America’s oldest bank made waves when it launched its crypto custody service earlier this month, but a top exec says that knowing when to partner with specialists is one of its greatest strengths. BNY Mellon earned well-deserved credit for being the first traditional bank to launch digital asset custody services in early October, but an […]