MasterCard
Mastercard partners with Polygon to launch Web3 musician accelerator program
Global payments giant Mastercard is ramping up its exposure blockchain tech yet again, after announcing a Polygon-based accelerator program to help musicians build their careers via Web3. The firm announced the “Mastercard Artist Accelerator” program via a Jan. 7 blog post, outlining that from this spring, it will connect five emerging musicians from across the globe with mentors that will help them set up their brand in the Web3 music space. “The artists will gain exclusive access to special events, music releases and more. A first-of-its-kind curriculum will teach the artists how to build (and own) their brand through Web3 experiences like minting NFTs, representing themselves in virtual worlds and establishing an engaged community,” the post reads. The prog...
Ukheshe & Digital PayGo Partner to Drive Zambian Business Growth
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Bored Apes, Moonbirds to feature on NFT-customized Mastercard debit cards
Mastercard has launched customizable nonfungible token (NFT) debit cards, allowing some cardholders who own avatars from select NFT collections to add the artwork onto the payment’s card. The debit cards are made available through a Sept. 26 partnership with European cryptocurrency exchange platform, “hi” allowing its “Gold” members to personalize their debit cards with an NFT they verifiably own Gold membership with the platform is obtained by staking a minimum of 100,000 hi Dollar’s (HI), the platform’s native token, a sum worth around $4,600 according to data from CoinGecko. NEWS! Today @hi_com_official launches the world’s first debit card featuring NFT Customization, allowing cardholders to personalize the face of their card with an NFT Avatar. Read more here https://t.co/...
Rep. Warren Davidson: Stablecoin bill has ‘outside chance’ of finalizing this year
There is a small chance the U.S. House of Representatives could pass the bill to regulate stablecoins by year-end, though it’s more likely it will pass in the first quarter of 2023, says U.S. Congressman Warren Davidson. According to a Thursday report from Kitco, Davidson made the remarks at the Annual Fintech Policy Forum on Sept. 22, where he suggested: “There’s an outside chance we find a way to get to consensus on a stablecoin bill this year.” The “stablecoin bill” seemingly refers to draft legislation aimed at “endogenously collateralized stablecoins” which came to light this week — and would place a two-year ban on new algorithmic stablecoins such as TerraUSD Classic (USTC). However, Davidson went on to say that while “there’s a chance we get...
Binance and Mastercard will launch prepaid crypto cards in Argentina
Major crypto exchange Binance has partnered with Mastercard to launch a prepaid card for the residents of Argentina. In a Thursday announcement, Binance said the card will allow its clients in Argentina to use Bitcoin (BTC), BNB and other cryptocurrencies to make purchases as well as ATM withdrawals in fiat wherever Mastercard is accepted — roughly 90 million merchants globally and online. Argentine cardholders can also earn up to 8% back in cryptocurrency from certain purchases. According to Binance, the introduction of the card — expected to be “widely available in the coming weeks” — was part of the company’s efforts to further the global adoption of crypto. Residents of Argentina will be the first in the region to have access to the cards, but the crypto exchange announced a simil...
Mastercard & Ecobank Partner to Get More African Farmers Connected
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![Weekly Report [June 07 – 14]: 3iQ Crypto Feeder ETFs, Lithuania booming crypto wallet ban, MasterCard NFT collaborations and more](https://www.wazupnaija.com/wp-content/uploads/2022/06/weekly-report-june-07-14-3iq-crypto-feeder-etfs-lithuania-booming-crypto-wallet-ban-mastercard-nft-collaborations-and-more-1050x600.png)
![Weekly Report [June 07 – 14]: 3iQ Crypto Feeder ETFs, Lithuania booming crypto wallet ban, MasterCard NFT collaborations and more](https://www.wazupnaija.com/wp-content/uploads/2022/06/weekly-report-june-07-14-3iq-crypto-feeder-etfs-lithuania-booming-crypto-wallet-ban-mastercard-nft-collaborations-and-more-80x80.png)
Weekly Report [June 07 – 14]: 3iQ Crypto Feeder ETFs, Lithuania booming crypto wallet ban, MasterCard NFT collaborations and more
Here is everything you missed from the cryptocurrency sector last week: PayPal allows US users to withdraw BTC, ETH BCH, and LTC to external wallets Asset manager 3iQ launches Bitcoin and Ether feeder ETFs Senator Lummis discusses the proposed crypto bill that suggests the lead regulatory role left to the CTFC Lithuania could soon ban exchange transfers with unhosted wallets MasterCard collaborates with NFT firms to facilitate easy and safe NFT buys PayPal allows crypto withdrawals into private wallets Payments firm PayPal revealed last week that its customers can now withdraw Ethereum and Bitcoin into external wallets. The financial services company added that the much-awaited feature would be rolled out to US customers, confirming that the users can transfer their crypto between PayPal a...
Mastercard to allow 2.9B cardholders to make direct NFT purchases
International payment processing giant Mastercard is expanding its payment network for nonfungible token (NFT) markets and Web3. The financial service provider announced that it has been working on expanding their payment networks to NFTs over the past year. The firm has partnered with a number of leading NFT marketplaces to allow 2.9 billion cardholders to directly make NFT purchases without buying crypto first. Currently, users need to buy crypto to bid on and buy NFTs. However, with the latest Mastercard partnership, billions of cardholders can now bypass the process of buying a transferring crypto to NFT marketplaces. The firm said: “These integrations are designed to make crypto more accessible and help the NFT ecosystem keep growing, innovating and bringing in more fans.” Mastercard ...
Edge announces confidential no-KYC digital currency Mastercard
On Wednesday, self-custody crypto exchange Edge announced a no-Know Your Customer (KYC) debit Mastercard that can be funded with Bitcoin and other digital currencies. Without KYC verification, users would be able to spend their crypto at more than 10 million merchant terminals in the United States. Currently, one can fund the Edge Mastercard using Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Litecoin (LTC) and Dash (DASH) directly from the Edge app. In a statement to Cointelegraph, representatives at Edge say that the card is compliant with Anti-Money Laundering and Counter-Terrorism Financing regulations because of a $1,000 daily spending limit on the card (approx. $30,000 monthly). In addition, the card is only available for use at U.S. merchant terminals. Paul Puey, a co-founder ...
MasterCard executive insists crypto adoption will grow, but challenges must be addressed
MasterCard VP Harold Bossé is bullish that crypto adoption will come to build on the millions who are already on board However, issues including cost, speed, and regulatory concerns must be addressed first to pull in the big players MasterCard’s vice president of product and innovation, digital asset and blockchain, Harold Bossé, has predicted that crypto adoption will grow into the future, but key challenges must be handled first. During a recent appearance at an Avalanche webinar – Powering Business with Blockchain, Bossé seemed unfazed by recent changes that have seen crypto markets plunge to the lowest levels all year. The MasterCard VP holds a confident stance that investors, executives and other participants in crypto are looking forwards to better days. Further, Bossé noted th...
Absa Kenya Returns to Court to Challenge Tax Dispute
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Nigerian Unicorn OPay Signs Deal with Mastercard
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