Customers will be able to buy, sell and hold digital assets through custodial wallets, and Mastercard partners will be able to offer cryptocurrency as rewards, according to a press release.
investors just got the closest thing so far to a bitcoin exchange-traded fund or mutual fund when the first bitcoin futures ETF came to the market.
Mastercard rival Visa offers crypto-linked cards, and Visa says customers spent more than $1 billion with these cards in the first half of 2021.
While some companies, like Microsoft and AT&T, accept bitcoin payments, you still can’t make most of your purchases with the digital asset.
Crypto is also a volatile asset, with huge price swings.
Opinions expressed in this article are the author’s alone, not those of a third-party entity, and have not been reviewed, approved, or otherwise endorsed.
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