The global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans.
Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move.According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over 900 cryptocurrencies.As part of the acquisition, Mastercard says it plans to integrate CipherTrace’s operations into its own cyber security solutions for digital assets.According to the announcement, Mastercard will combine its cyber capabilities with CipherTrace technology to differentiate its card and real-time payments architecture. For Mastercard, the deal will allow clients and partners to adopt digital assets while maintaining compliance with financial regulatory provisions.Commenting on
Źródło: https://cointelegraph.com/news/mastercard-acquires-major-crypto-forensics-outfit-ciphertrace
