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MasterCard will invest in crypto industry



But not for the reasons you may guess



10.Sep.21 6:07 AM
By Shawn Highstraw
Photo FB

   97

MasterCard will invest in crypto industry
Mastercard plans to acquire CipherTrace, a company dedicated to security and fraud within the cryptocurrency world. This was announced by the US credit card company, without mentioning any financial details.

Mastercard stated that the combination with CipherTrace will lead to more transparency in the cryptomarket by helping companies understand the risks of digital currencies.

CipherTrace tracks more than 900 cryptocurrencies.

The pay giant expects to complete the acquisition this year.



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