Mastercard Receives BitLicense From New York NYDFS, Eyes Stablecoin and Tokenized Deposits

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According to CoinDesk, Mastercard Transaction Services (U.S.) LLC recently received a BitLicense from New York's Department of Financial Services, clearing it to operate digital asset services in the state. The approval supports Mastercard's plans to develop stablecoin and tokenized deposit offerings, leveraging its existing global payment network compliance and operational standards.
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