Mastercard Happy To Support Cryptocurrencies

Cryptocurrencies

A senior executive of Global leading company in payment solutions Mastercard has revealed that it is strongly supporting state-backed, central bank-issued cryptocurrencies. In an interview with The Financial Times, Ari Sarker, Mastercard’s Asia-Pacific co-president said that the payments company would be very happy to look at supporting national virtual currencies that are issued and backed…

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FSB Chairman: Cryptocurrencies Don’t Pose Risks To Global Financial Stability

FSB Chairman

The Financial Stability Board (FSB) chairman Mark Carney has stressed that Bitcoin and other cryptocurrencies do not represent a threat to the global financial system, following a review by the authority. The letter which dismissed calls from some G20 members to regulate cryptocurrencies like Bitcoin was sent to G20 finance ministers and central bank governors…

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Ripple To Breakthrough Chinese Market This Year

Ripple

Ripple cryptocurrency could be breaking through to the Chinese market in 2018 after its founders stated it is very confident that its blockchain-powered payments solutions will have some traction. Last year, Chief Executive Officer of Ripple Brad Garlinghouse said the launch of their XCurrent software in China was imminent. Ripple’s management team is now holding…

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Twitter CEO Says Bitcoin Will Be World’s Leading Currency

Twitter CEO

In an interview with The Times, Jack Dorsey, Chief Executive Officer of reputable online news and social networking service, Twitter said that Bitcoin will likely become the single global currency within 10 years, but it could go faster. Dorsey who is a significant Bitcoin investor said he believes the most popular cryptocurrency today will take…

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