Mastercard will start working with cryptocurrencies

Just a few days after the announcementTesla company Elon Musk about investing in bitcoin $ 1.5 billion and the intention to sell their cars for BTC, the cryptocurrency market received another support. Mastercard announced that the company plans to introduce "some cryptocurrencies" into its payment system this year.

There is currently limitedthe number of Mastercard through which customers can enter the cryptocurrency market. However, these cards do not use the Mastercard network and only allow some digital asset transactions in cooperation with Wirex and BitPay platforms.

The Mastercard message notes thatcryptocurrency is becoming an integral part of the payments world. Carefully selected cryptocurrencies that meet the requirements of legislation and financial regulators will be introduced to work directly through the Mastercard network in 2021. As a result, the capabilities of clients of one of the world's largest transnational payment systems operating in 210 countries will be expanded.

The Mastercard message has not yet caused a stir onthe cryptocurrency market, so overheated as a result of many months of growth and has been at a historic high for several weeks. So bitcoin is currently trading at $ 47,700, reached even after Tesla announced the future adoption of cryptocurrency as a means of payment.

Source: reuters

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