A spokesperson for Mastercard said the termination would kick off on September 22 and is limited to the selected counties only.
As part of its CBDC Partner Program, Mastercard has joined hands with prominent CBDC leaders and payment giants to work along with the central banks to bring CBDCs to the market under a regulatory framework.
Such companies as Barclays plc, National Westminster Bank (NatWest), Mastercard Incorporated (NYSE: MA), London Stock Exchange Group, and Peel Hunt have backed FinTech Growth Fund.
Stellar Development Foundation said that the investment in MoneyGram in growing its digital business, researching blockchain technology, and contributing in other ways.
In his role, Alex Chriss will replace Daniel Schulman who decided to leave the company in February, with retirement effective from December 31, 2023.
The collaboration between FedNow and Dropp has garnered mixed reactions from the crypto community.
In the midst of this strategic partnership, MTN has delivered impressive financial results for the first half of the year.
David Schwartz seems unsurprised that the Fed is reacting negatively to the new stablecoin issued by PayPal.
US House leadership is calling for robust regulatory framework for the new PayPal stablecoin despite being on opposing ends of the discuss.
PayPal’s recent entry into the stablecoin arena with PYUSD is marked by both anticipation and caution. Despite the promising prospects of stablecoins, challenges, and uncertainties loom on the horizon.
From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies.
Securing this license would mean that TikTok would be directly competing with big e-commerce companies like Shopee and Lazada in Southeast Asia.
Elon Musk aims to make the X platform “the biggest financial institution in the world”. Therefore, his focus now is on integrating financial services inside the X app.
The company reported record-breaking new member additions, surpassing the 584,000 mark.
Robinhood may soon be ready to launch a UK business as it recruits a CEO and publishes vacancies for other roles.