13 September 2021
Written By FinTech Alliance
Payments giant Mastercard has purchased cryptocurrency intelligence business CipherTrace.
In Brief:
CipherTrace analyses blockchain transactions.
It offers insights on more than 900 digital currencies.
Mastercard will use CipherTrace’s insights in combination with its cybersecurity technology.
What does this mean?
Mastercard reportedly wants to offer the businesses in its network greater visibility of cryptocurrencies so they can understand aspects like risk and regulation.
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