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Mastercard: 41% completed at least one crypto-related activity in the past year



Time:8/12/2022 12:22:04 PM

[Mastercard: 41% of people have completed at least one crypto-related activity in the past year] Jinse Finance reported that Mastercard’s 2022 New Payments Index is a global survey of more than 35,000 respondents. Find out that people have a broad awareness of cryptocurrencies. Payments made with cryptocurrencies have nearly doubled in the last year, and in addition, about 40% of global consumers interacted with cryptocurrencies last year, with about 30% of them opening a crypto wallet, trading the currency (27%) or holding it as an investment Hold (29%). About half of global consumers agree that they are interested in other uses for cryptocurrencies, such as paying for everyday items (51%) or buying digital assets (49%). Younger users adapt to digital currencies faster than older generations. the

But while more than 90 percent of consumers are aware of digital currencies, most admit to having little understanding of how they work and the blockchain technology that powers them. the

Other news:

MasterCard: The U.S. government should regard leadership in digital asset regulation as a key driver of U.S. companies’ overall competitiveness in this field: Jinse Finance reported that U.S. President Joe Biden’s executive order on March 9 “ensures responsible development” Among the many reports and other written materials set forth in Digital Assets, in preparation for the document, Commerce provided 17 questions to encourage public discussion. As of noon Tuesday, the Commerce Department had received eight responses. Among them, MasterCard said in its response that the United States is in a particularly strong position as a center for financial services and technological innovation. It urged several steps to maintain those advantages. The lack of regulatory clarity is a significant barrier to business and innovation, Mastercard wrote, adding: "As such, Mastercard supports the view that the U.S. government should view leadership in digital asset regulation as a major challenge for U.S. companies in this space." A key driver of overall competitiveness.

In addition, Mastercard said countries were imposing onerous demands on companies in the industry and suggested that “approaches to handling digital trade” be included in U.S. international trade agreements. [2022/7/6 1:54:55]

Mastercard integrates crypto payments through new partnership with Bakkt: October 25, Mastercard is preparing to announce that thousands of banks and millions of merchants on its payments network will soon be able to integrate cryptocurrencies into their payments. product. This includes bitcoin wallets, credit and debit cards that can earn rewards in cryptocurrencies and spend digital assets, and loyalty programs that convert airline or hotel points into bitcoin.

To make this happen, Mastercard is partnering with Bakkt, executives from both companies said. Sherri Haymond, executive vice president of digital partnerships at Mastercard, said in an interview: "We want to provide all partners with the ability to more easily add encryption services to their business. Our partners, whether they are banks, financial technology companies Or merchants can provide customers with the ability to buy, sell and hold cryptocurrencies through integration with the Bakkt platform." (CNBC) [2021/10/25 20:55:56]

Mastercard: 40% of users plan to use cryptocurrencies to pay in the next year: On May 4th, Mastercard announced the results of its latest survey on digital payments. The results revealed a growing interest in cryptocurrency payments among 15,569 consumers in 18 countries around the world. 40% of consumers said they plan to use crypto assets for payments in the next year. About 77% of millennials are interested in learning more about the cryptocurrency market. (Finance Magnates) [2021/5/4 21:23:05]

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