If we convert the marketing speak into plain English, this means that, through this partnership, banks could allow customers to use their platform to buy, hold, and…
What just happened? It’s not just Bitcoin miners and well-known figures like Elon Musk that are embracing cryptocurrencies: entire countries and global financial institutions have followed suit. Mastercard announced today that it has partnered with digital wallet app Bakkt to make «innovative» crypto-based financial services available to banks and fintech companies around the world. If we convert the marketing speak into plain English, this means that, through this partnership, banks could allow customers to use their platform to buy, hold, and trade various cryptos.
