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Mastercard introduces Crypto-to-Card conversions

Mastercard is helping its partners convert money to fiat currency more efficiently with digital cryptocurrency wallets and exchanges by streamlining the process. The company plans on piloting this new feature in partnership with Circle, Paxos Trust Company, and Evolve Bank &Trust following a Tuesday announcement (July 20). The credit card...

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MasterCard files patent for Bitcoin transactions using Credit card

Soon enough, consumers might directly pay Bitcoin with the help of credit cards. Recently, MasterCard won a patent which will allow it to manage fractional reserves of blockchain currency. Currently, MasterCard is only allowed to use legal tenders. With the increase in the popularity of Bitcoin as well as blockchain,...