[72611] Mastercard receives BitLicense approval and deepens partnership with Chainlink to provide crypto access

Significant expansion of Mastercard in the digital assets sector

Payment giant Mastercard is marking a significant step in the digital assets market with the receipt of critical regulatory approval in the state of New York. According to a report by Watcher Guru, the company has received the long-awaited BitLicense, which allows it to "operate a payment infrastructure for cryptocurrencies and stablecoins." As noted in Bitcoin, the license will allow the company to "engage in emerging payment and clearing infrastructure supporting digital currencies."

Alongside the regulatory activity, Coingraph | News reports on an additional strategic move: a collaboration with the company Chainlink. The initiative is designed to allow 3.5 billion Mastercard credit card holders to purchase digital assets directly on the blockchain. Similar reports appeared in Investing & Financial, where it was emphasized that this is a dramatic improvement in global accessibility to cryptocurrencies.

Summary of updates:

• Regulatory approval: Receipt of a BitLicense in New York provides Mastercard with a legal basis for deepening its activity in the stablecoins sector (Source: BITCOIN & CRYPTO POST).


• Technological accessibility: The partnership with Chainlink will open the crypto market to a wide audience of 3.5 billion users (Source: Money & Digital Assets).

The moves position Mastercard as one of the central players in bridging the traditional financial system with the world of Web3. All business sources reporting, such as Crypto Trading & Financial News, point to a clear trend of major financial institutions adopting crypto infrastructures as an integral part of their operations.