Payments giant Mastercard is readying to announce that its vast network of banks and merchants will be soon allowed to integrate cryptocurrencies into their operations. The company is pursuing these plans in partnership with crypto platform Bakkt.
The products to be covered by this expansion are to include bitcoin (BTC) wallets, credit and debit cards enabled to earn crypto rewards and spend digital assets, as well as loyalty programs that allow airline customers and hotel guests to convert their amassed points into crypto, CNBC reported.
“Our partners, be they banks, fintechs or merchants can offer their customers the ability to buy, sell and hold cryptocurrency through an integration with the Baktt platform,” Sherri Haymond, Executive Vice
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