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Mastercard expands cryptocurrency services with wallets, loyalty rewards
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economictimes.indiatimes.comMastercard Inc said on Monday it would allow partners on its network to enable their consumers to buy, sell and hold cryptocurrency using a digital wallet, as well as reward them with digital currencies under loyalty programs. The credit card giant said it would offer these services in partnership with Bakkt Holdings Inc, the digital assets platform founded by NYSE-owner Intercontinental Exchange. Founded in 2018, Bakkt went public earlier this year through a $2.1 billion merger with a blank-check company. Shares of the company were up 77 per cent at $16.19 on Monday.
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In September, 2021 El Salvador became the first country in the world to make Bitcoin a legal tender
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