Mastercard Unveils Plans to Allow Consumers to Buy and Sell Crypto Directly from Bank Accounts | CoinMarketCap

cryptonews Mastercard unveils plans to allow consumers to buy and sell crypto directly from bank accounts 🙌

Mastercard has rolled out a new pilot program that will allow consumers to buy and sell cryptocurrencies directly from their bank accounts.

Research performed by Mastercard suggests that 29% of those polled hold crypto as an investment — but 65% would want crypto services to be offered by the banks they currently use. Crypto analytics and transaction monitoring — alongside anti-money laundering and Know Your Business checks — will also be rolled out to achieve regulatory compliance.

And Mastercard's chief digital officer Jorn Lambert described this as "an exciting step in our crypto journey that draws on the strengths of our global business," adding:

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