Cryptocurrency Q&A
What is MasterCard crypto credential?
What is MasterCard crypto credential?
Federico
Mon Jul 15 2024
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7 answers
1665
Could you elaborate on what the MasterCard crypto credential entails? I've heard about it in the context of digital payments and cryptocurrencies, but I'm not entirely clear on its specifics. Is it a new type of digital wallet? Does it enable direct payments with cryptocurrencies? Or is it a security feature that enhances the safety of transactions? I'm particularly interested in understanding how it works, its benefits, and how it fits into the existing payments ecosystem. Thank you for taking the time to clarify.
7 answers
CryptoTitan
Wed Jul 17 2024
The P2P (peer-to-peer) transaction is the inaugural use case that Mastercard Crypto Credential intends to support.
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GangnamGlitz
Wed Jul 17 2024
This use case exemplifies the broad potential of the platform to enable secure and transparent crypto transactions.
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CryptoQueen
Wed Jul 17 2024
Mastercard Crypto Credential serves as a facilitator for the exchange of Travel Rule information in cross-border transactions.
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CryptoLordGuard
Wed Jul 17 2024
BTCC, a UK-based cryptocurrency exchange, offers comprehensive services to its users.
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Giovanni
Wed Jul 17 2024
The Travel Rule is a regulatory requirement designed to uphold transparency and mitigate risks of potentially illegal or illicit activities in the financial ecosystem.
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