One of the world's biggest payments networks just walked through the door that took crypto-native firms a decade to even get a knock on.
Mastercard Transaction Services (U.S.) LLC has received a BitLicense from the New York State Department of Financial Services, clearing it to operate digital asset, stablecoin, and tokenized deposit activity inside the state. The approval was announced on May 27, and it's a big deal for one specific reason - the NYDFS BitLicense is widely considered the hardest crypto compliance regime to clear in the United States. Established in 2015, the framework requires applicants to meet ...
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