Bitcoin’s big moment: Mastercard jumps on the bandwagon

The company announced late Wednesday that it will support “select cryptocurrencies” directly on its network at some point later this year.

“Our philosophy on cryptocurrencies is straightforward: It’s about choice,” Raj Dhamodharan, an executive vice president at Mastercard, wrote in a post late Wednesday. “Mastercard isn’t here to recommend you start using cryptocurrencies. But we are here to enable customers, merchants and businesses to move digital value — traditional or crypto —…


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