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Mastercard launches crypto credential for secure peer-to-peer transactions in UAE and Kazakhstan

Mastercard has launched its Crypto Credential solution in the UAE and Kazakhstan, simplifying cryptocurrency transactions by allowing users to send and receive digital assets using easily memorable names instead of complex blockchain addresses. This initiative enhances security by verifying wallet compatibility and transaction details, aiming to boost consumer trust in digital assets. The pilot phase focuses on peer-to-peer transactions, with plans for broader applications, including NFTs and ticketing, as part of a global expansion strategy.
Crypto News Flash
United States Dollar Euro JPMorgan Chase & Co. Mastercard Inc ARE KAZ Talal Tabbaa
Finance & Economy, Press Release
10:26 12.01.2025
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