Bitcoin, on Tuesday, surged above $50,000 to a new record high, building on a rally sparked by signals that institutional investors are increasing recognition of the world’s biggest cryptocurrency. With Bank of NY Mellon and Mastercard having affirmed it last week, bitcoin holders who see it as the prospect of finance are moving a big …
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Mastercard to allow merchants cryptocurrency payments
Mastercard (MA) plans to provide merchants with the possibility of accepting cryptocurrency payments later this year. The feature would see Mastercard customers’ digital currency purchases resolved in crypto at participating retailers, a first for the financial giant, according to a source familiar with the matter. The firm has not yet revealed the, or when, digital …
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