Mastercard Advances in Crypto Space Despite Regulatory Concerns

Mastercard (NYSE: MA) appears to be continuing its advancements in the cryptocurrency sector despite suspending its activities earlier this year due to fears stemming from the multiple collapses of crypto businesses and increased regulatory examinations. Mastercard and Crypto Current State According to information shared by trademark attorney Michael Kondoudis on June 19, the payment processor recently applied for a trademark to provide software for cryptocurrency and blockchain transactions and establish connections among crypto asset service providers for crypto transactions. Specifically, the application submitted to the United States Patent and Trademark Office (USPTO) on June 12 under serial number 98038563 comprises three international classes (IC) that refer to different identification categories of goods and services covered by the application. These are 009, 036, and 042. Mastercard’s Impact on Crypto Meanwhile, the above filing is just another in the recent steps taken by Mastercard to return to its crypto path following the […] The post Mastercard Advances in Crypto Space Despite Regulatory Concerns appeared first on COINTURK NEWS.