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In 2021, Mastercard will start accepting payments in cryptocurrency
eleven.02.2021 [11:20],
Vladimir Mironenko

International payment system Mastercard announced plans to implement this year support for a number of cryptocurrencies in its network. What kind of cryptocurrencies are we talking about, the company did not specify.

REUTERS / Thomas White

Mastercard already offers customers payment cards that allow them to make transactions using their cryptocurrencies, but without using its network.

“Doing this job will open up a lot more opportunities for buyers and sellers, allowing them to transact using a completely new form of payment. This change could open up new customers for merchants who have already rushed to digital assets, «Mastercard said in a statement.

Mastercard stressed that not all cryptocurrencies will be supported on its network, since many of the hundreds of digital assets in circulation do not yet meet the required standards.

According to experts, many cryptocurrencies do not yet enjoy the trust of major investors and the general public due to their speculative nature and the potential for money laundering.

Earlier, payment companies such as Square and PayPal announced support for cryptocurrencies. We add that the car company Tesla recently announced the acquisition of bitcoins for $ 1.5 billion with the intention to soon accept cryptocurrency as payment. However, experts call this not the best choice, which, due to the high volatility of bitcoin, can lead to the collapse of the company.

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