Mastercard is actively seeking partnerships with self-custody wallet providers, including Ledger and MetaMask, as the global technology firm continues its expansion into the world of cryptocurrency.A Web3 strategy workshop report obtained by CoinDesk revealed that Mastercard's strategic decision aims to assist wallet providers in boosting the number of active users they have, bolstering loyalty and additional revenue streams, as well as enabling cardholders to spend their cryptocurrency in a seamless way.In an e-mail to CoinDesk, a Mastercard spokesperson said:“Mastercard is bringing its trusted and transparent approach to the digital assets space through a range of innovative products and solutions—including the Mastercard Multi-Token Network, Crypto Credential, CBDC Partner Program, and new card programs that connect Web2 and Web3.”Moving Forward with Crypto, Despite RegulationsCryptocurrencies continue to face significant headwinds, particularly in the United States—and as a result, there's been more demand for regulation.Despite these challenges, the cryptocurrency market is still growing, with the global crypto market valued at more than $2 trillion
Binance is no longer offering its Visa debit card services within the European Economic Area (EEA).Binance Visa debit card holders will still be able to use their current physical or virtual card until December 20
UK-based crypto and traditional finance platform Orbital has secured permissions from the Gibraltar Financial Services Commission (GFSC) for DLT and EMI operations
US-based blockchain security startup Blockaid has secured USD 33 million in Series A funding to scale its technology aimed at stopping malicious transactions
