Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday.
Mastercard processes billions of dollars in daily transactions around the world and is present in over 110 countries. The firm does provide fiat on-ramps to crypto exchanges and wallets but has otherwise not made any exclusive offerings for crypto users.
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https://cryptoslate.com/mastercard-ceo-is-bearish-on-bitcoin-but-sees-growth-for-cbdcs/