Sunday, June 26, 2022
Arover
  • Home
  • Cryptocurrency
  • Economy
  • Technology
No Result
View All Result
  • Home
  • Cryptocurrency
  • Economy
  • Technology
No Result
View All Result
Arover
No Result
View All Result
Home Cryptocurrency

MasterCard signs agreement to acquire CipherTrace | Arover.net

Zachary Pearce by Zachary Pearce
September 10, 2021
in Cryptocurrency
0
MasterCard signs agreement to acquire CipherTrace |  Coin24
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

MasterCard has continued to expand its presence in the cryptocurrency industry, with the latest information indicating that it has completed the acquisition of CipherTrace.

Here, MasterCard found that it had entered into an agreement to acquire the cryptocurrency tracing company CipherTrace. The financial services giant plans to integrate CipherTrace services into its platform to improve the cybersecurity of its digital assets. CipherTrace has earned a reputation as one of the most trusted crypto intelligence companies, with the resources to monitor the majority of cryptocurrencies on the market.

The company’s planned integration with MasterCard will help improve the card payment architecture of the latter. Going forward, the New York-based payment solutions company will be better equipped to handle the adoption of crypto assets by its customers.

Speaking on the acquisition, Cyber ​​& Intelligence President at MasterCard, Ajay Bhalla, acknowledged the significant role that digital assets could play in reshaping various aspects of commerce.

“With the rapid growth of the digital asset ecosystem, there is a need to ensure that it is reliable and secure. Our goal is to leverage the complementary capabilities of MasterCard and CipherTrace to achieve this ”, did he declare.

CipherTrace’s range of services includes collecting data and publishing annual reports on activity trends in the crypto space. The company has historically provided compliance and anti-money laundering solutions. She has also worked with several cryptocurrency companies to root out digital currency fraud.

“We help businesses – whether banks or cryptocurrency exchange platforms, government regulators or law enforcement – keep the crypto economy secure.”said Dave Jevans, CEO of CipherTrace.

Jevans praised the collaboration as a collaboration that would build security and trust across the crypto space.

“Our two companies share the same vision, that of ensuring security and trust throughout the ecosystem. We are excited to join the MasterCard family to expand the reach of CipherTrace worldwide. “

MasterCard, on the other hand, has been active in the crypto space for the past few months, having collaborated with blockchain companies such as Uphold, Gemini, and BitPay to provide crypto debit and credit card services to its users. The financial services company has participated in the development of a platform to test the digital currencies of central banks. It also offers programs to support the adoption of blockchain and its products.

In February, MasterCard recognized the growing user demand for cryptocurrency tokens in the market. At the time, the value of digital assets in the market was reaching new heights. The company added that it plans to offer support for stablecoins, mainly because they offer reliability and security. She then adopted the USD coin managed by Circle to facilitate transactions between buyers and traders.


Risk Disclosure: The articles and articles on Arover.net do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies.

Tags: acquireagreementArovernetCipherTraceMastercardsigns
Previous Post

Good deal Cdiscount: € 100 reduction on the Delonghi ECAM22.140.B bean coffee machine

Next Post

CAF-Cia, Mastrocinque: “Tax bills, new scrapping damage to those who have always paid”

Zachary Pearce

Zachary Pearce

Related Posts

Magimix Cook Expert food processors: which one to choose?
Cryptocurrency

Magimix Cook Expert food processors: which one to choose?

by Zachary Pearce
June 26, 2022
Paribu
Cryptocurrency

Popular Chocolate Brand Mars Inc. Files NFT and Metaverse Trademark Application for M&Ms

by Zachary Pearce
June 26, 2022
Registry of cryptocurrency operators: who is obliged to register?
Cryptocurrency

Registry of cryptocurrency operators: who is obliged to register?

by Zachary Pearce
June 26, 2022
Cryptocurrency

Good deal – The HP Pavilion Aero 13 (Ryzen 5 5600U) 16 GB / 512 GB laptop at € 699.00 (-24%)

by Zachary Pearce
June 26, 2022
Indonesia to Host Coinfest Asia, First and Largest Cryptocurrency Festival in Asia
Cryptocurrency

Indonesia to Host Coinfest Asia, First and Largest Cryptocurrency Festival in Asia

by Zachary Pearce
June 26, 2022
Next Post
CAF-Cia, Mastrocinque: "Tax bills, new scrapping damage to those who have always paid"

CAF-Cia, Mastrocinque: "Tax bills, new scrapping damage to those who have always paid"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Cryptocurrency
  • Economy
  • Technology

Browse by Tags

Amazon Analysis Announces Billion Binance Bitcoin black BTC Buy Cdiscount CEO connected Crypto Cryptocurrencies cryptocurrency deal digital economy electric ETH Ethereum finance Friday Galaxy Global warming Good launches Market Metaverse Million NFT plan Price Pro review sale sales Samsung smartphone Space Star stars tech telecoms Test
Arover

Latest News About Crypto Money News , Bitcoin News , Altcoin News And Price Analysis cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance price updates.
Contact Us : [email protected]

Categories

  • Cryptocurrency
  • Economy
  • Technology

Browse by Tag

Amazon Analysis Announces Billion Binance Bitcoin black BTC Buy Cdiscount CEO connected Crypto Cryptocurrencies cryptocurrency deal digital economy electric ETH Ethereum finance Friday Galaxy Global warming Good launches Market Metaverse Million NFT plan Price Pro review sale sales Samsung smartphone Space Star stars tech telecoms Test

Recent Posts

  • Magimix Cook Expert food processors: which one to choose?
  • Popular Chocolate Brand Mars Inc. Files NFT and Metaverse Trademark Application for M&Ms
  • Registry of cryptocurrency operators: who is obliged to register?

© Arover 2021. All Rights Reserved.

No Result
View All Result
  • Home
  • Cryptocurrency
  • Economy
  • Technology

© Arover 2021. All Rights Reserved.