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October 19, 2022

Crypto Source: Mastercard Brings Crypto to Banks

For all those hesitant about crypto and feeling skeptical about its success, what more can solidify crypto’s standing than Mastercard bringing crypto to banks? Mastercard introduces Crypto Source, a program that will help banks bring crypto services to their clients.

It seems that this decision may have come from an index report that states that 29% of the respondents to the New Mastercard Payment Index have cryptocurrency investments. 65% of the people expressed a preference for some sort of crypto service to be provided by their financial institutions.

In the wake of this information, Mastercard’s partners will be able to access “buy, hold and sell services for select crypto assets, augmented with proven identity, cyber, security and advisory services” as stated on their site. 

Here is a summary of what Mastercard is offering:

  • Crypto management
  • Crypto cards
  • Crypto security management
  • Technology to buy, hold and sell assets
  • And more

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