Crypto daily news logo
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security
No Result
View All Result
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security
No Result
View All Result
Crypto News
No Result
View All Result
Home Others

MasterCard expressed confidence in the success of cryptoeconomy

Admin by Admin
25.05.2022
in Others
18 0
0

Reading time: ~2 m


Vice President of the department for the development of new products MasterCard Harold Bosse said that he believes in the success of the cryptocurrency economy. According to him, the global financial system will be built on this. The expert expressed confidence that the mass introduction of digital currencies is a matter of time.

He noted that all key corporations and their executives, as well as institutional investors, remain optimistic about the long-term prospects of the cryptocurrency market, despite today’s sentiment and industry instability. The specialist assured that already now hundreds of millions of people on Earth use cryptocurrency assets for transfers and purchase of goods and services, and more and more companies are integrating these capabilities into their payment systems.

Bosse said that tech startups are very important to the modern community. Nevertheless, he stressed that there were a number of challenges that needed to be overcome as soon as possible. Then cryptocurrencies will become mainstream in society. According to the expert, the key ones are the lack of understanding on the part of company executives of the benefits of technology, the inability to scale products, and the problem of regulating the industry is acute.

Bosse compared cryptocurrencies to the Internet, saying that 25 years ago, no one could have imagined that Amazon would become the largest company in the world. Now the situation is similar. Startups are trying to change people’s lives. According to him, MasterCard is actively engaged in the introduction of new products and services in the credit business with cryptocurrency collateral, and is also developing in the direction of creating its own non-interchangeable tokens (NFT) and integration with the metaverse.

Earlier, the editors of the Crypto.ru reported that the leaders of the Mastercard payment system spoke about the registration of 15 trademarks related to NFT and Metaverse.


#MasterCard #expressed #confidence #success #cryptoeconomy

Related articles

The digital dollar cannot be issued without the approval of the regulator

The digital dollar cannot be issued without the approval of the regulator

24.06.2022
In Russia, NFT will be released in support of people with amyotrophic lateral sclerosis

In Russia, NFT will be released in support of people with amyotrophic lateral sclerosis

24.06.2022
NHL Creates NFT Platform for Hockey Collectibles

NHL Creates NFT Platform for Hockey Collectibles

24.06.2022
Central bank digital currencies can coexist with stablecoins

Central bank digital currencies can coexist with stablecoins

24.06.2022
Tags: confidencecryptoeconomyexpressedMasterCardsuccess
Share24Tweet15
  • Trending
  • Comments
  • Latest
Grayscale purchased ADA ahead of the Vasil hard fork

Grayscale purchased ADA ahead of the Vasil hard fork

09.06.2022
Decentralized Pictures announced the launch of a blockchain app for film financing

Decentralized Pictures announced the launch of a blockchain app for film financing

17.05.2022
First court ruling in the U.S. on the use of cryptocurrencies to circumvent sanctions

First court ruling in the U.S. on the use of cryptocurrencies to circumvent sanctions

17.05.2022
Mining firm Greenidge Generation increased quarterly revenue by 240%

Mining firm Greenidge Generation increased quarterly revenue by 240%

17.05.2022
The DeFi market suffered because of the collapse of Terra

The DeFi market suffered because of the collapse of Terra

Fed meeting is a negative factor for Bitcoin growth

Fed meeting is a negative factor for Bitcoin growth

Bitcoin strengthens as global stock market improves

Bitcoin strengthens as global stock market improves

Game company Square Enix will make blockchain and Play-to-Earn its business model

Game company Square Enix will make blockchain and Play-to-Earn its business model

Whales are massively selling three altcoins. Top 3 dangerous tokens from Santiment

Whales are massively selling three altcoins. Top 3 dangerous tokens from Santiment

24.06.2022
The launch of Shibarium will attract new holders of Shiba Inu

The launch of Shibarium will attract new holders of Shiba Inu

24.06.2022
“I’m talking about a single set of rules for exchanges,” Gensler fills in the gaps in the regulation of cryptocurrencies in the US.

“I’m talking about a single set of rules for exchanges,” Gensler fills in the gaps in the regulation of cryptocurrencies in the US.

24.06.2022
The digital dollar cannot be issued without the approval of the regulator

The digital dollar cannot be issued without the approval of the regulator

24.06.2022

Метки

altcoins Analyst assets Bank billion Binance Bitcoin bitcoins blockchain BTC called collapse crypto cryptocurrencies Cryptocurrency DeFi Digital ETH Ethereum fall fell growth increased investors June launch Luna market million miners Mining network NFT platform price rate regulation support Terra token tokens Top UST week XRP

Newsletter

No Result
View All Result
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security

© 2022 Crypto News Daily

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

Privacy Overview
Crypto News

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!

Cookie Policy

More information about our Cookie Policy

Powered by crypto-daily.news  GDPR Cookie Compliance