Oh? This is interesting-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Oh? This is interesting

Mastercard to let merchants accept some cryptocurrencies directly later this year

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

jiraiya自来也
2021-02-16
jiraiya自来也
institution money coming, but make some risk management.
my portfolio only left with btc and eth...sell off 50% of my alts for this ath, have been holding them since 2017 ath... [捂脸]
- jiraiya自来也Reply虎虎是羊:
  No harm to diversify a small portion of portfolio into cryptos that might fetch crazy gains if strike the right one. Last time my friend turned his $500 into $20,000 in some pump & dump coins in days.
- jiraiya自来也Reply虎虎是羊:
  yes, Amazon have been using eth blockchain for many years, but now there are better cryptos out there as compared to eth, overall the crypto market is very competitive.
- 虎虎是羊:
  Nice. Dont own cryptos but seems like there is a growing use-case

Leave a comment

4

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":382834448,"tweetId":"382834448","gmtCreate":1613406760884,"gmtModify":1704880332602,"author":{"id":3569296375283882,"idStr":"3569296375283882","authorId":3569296375283882,"authorIdStr":"3569296375283882","name":"虎虎是羊","avatar":"https://static.tigerbbs.com/c705cdb86291cf5420e68b5bff01abdd","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.17%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Oh? This is interesting</p></body></html>","htmlText":"<html><head></head><body><p>Oh? This is interesting</p></body></html>","text":"Oh? This is interesting","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/382834448","repostId":2110549049,"repostType":4,"repost":{"id":"2110549049","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1613010240,"share":"https://www.laohu8.com/m/news/2110549049?lang=&edition=full","pubTime":"2021-02-11 10:24","market":"us","language":"en","title":"Mastercard to let merchants accept some cryptocurrencies directly later this year","url":"https://stock-news.laohu8.com/highlight/detail?id=2110549049","media":"Dow Jones","summary":"Company will open its network to crypto assets that meet its requirements around safety, compliance ","content":"<p>Company will open its network to crypto assets that meet its requirements around safety, compliance and stability</p>\n<p>Mastercard Inc. said Wednesday that it would begin allowing merchants to accept some cryptocurrencies on its network later this year, marking the latest embrace of digital coins by a traditional payments player.</p>\n<p>\"We are here to enable customers, merchants and businesses to move digital value -- traditional or crypto -- however they want,\" Mastercard's executive vice president for digital assets Raj Dhamodharan said in a blog post .</p>\n<p>Mastercard <a href=\"https://laohu8.com/S/MA\">$(MA)$</a> already works with some crypto platforms that issue Mastercard cards allowing people to spend their crypto assets, but through those arrangements the cryptocurrencies don't flow through Mastercard's network, as the crypto partners convert the digital currencies to traditional currencies and then transmit them to Mastercard. By moving to support some crypto assets directly, Mastercard will \"cut out inefficiencies, letting both consumers and merchants avoid having to convert back and forth between crypto and traditional to make purchases,\" Dhamodharan said.</p>\n<p>Mastercard plans to be selective about which cryptocurrencies it allows as it embarks on its plan. The company will be looking for cryptocurrencies that respect the privacy of consumer information, follow compliance procedures and \"offer the stability people need in a vehicle for spending, not investment.\"</p>\n<p>Traditional financial technology companies are increasingly experimenting with new digital assets. Mastercard, for <a href=\"https://laohu8.com/S/AONE\">one</a>, had already disclosed that it's held discussions with central banks about the possibility of \"central bank digital currencies,\" which would serve as alternative ways to pay beyond fiat currency.</p>\n<p>Mastercard Chief Executive Michael Miebach said on the company's latest earnings call that Mastercard's emphasis on consumer protection and transparency, as well as its acceptance network, could prove useful to central banks as they think about this future of money.</p>\n<p><a href=\"https://laohu8.com/S/V\">Visa</a> Inc. CEO Al Kelly said on Visa's (V) most recent earnings call that the company also has arrangements with platforms and digital wallets that issue Visa cards so that customers can spend their crypto holdings. \"These wallet relationships represent the potential for more than 50 million Visa credentials,\" he said.</p>\n<p>Kelly also spoke broadly about the prospects for cryptocurrency on Visa's platform. \"It goes without saying, to the extent a specific digital currency becomes a recognized means of exchange, there's no reason why we cannot add it to our network, which already supports over 160 currencies today,\" he said.</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. (PYPL)began letting U.S. users buy and sell cryptocurrencies like bitcoin through its platform late last year .</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mastercard to let merchants accept some cryptocurrencies directly later this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMastercard to let merchants accept some cryptocurrencies directly later this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-02-11 10:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Company will open its network to crypto assets that meet its requirements around safety, compliance and stability</p>\n<p>Mastercard Inc. said Wednesday that it would begin allowing merchants to accept some cryptocurrencies on its network later this year, marking the latest embrace of digital coins by a traditional payments player.</p>\n<p>\"We are here to enable customers, merchants and businesses to move digital value -- traditional or crypto -- however they want,\" Mastercard's executive vice president for digital assets Raj Dhamodharan said in a blog post .</p>\n<p>Mastercard <a href=\"https://laohu8.com/S/MA\">$(MA)$</a> already works with some crypto platforms that issue Mastercard cards allowing people to spend their crypto assets, but through those arrangements the cryptocurrencies don't flow through Mastercard's network, as the crypto partners convert the digital currencies to traditional currencies and then transmit them to Mastercard. By moving to support some crypto assets directly, Mastercard will \"cut out inefficiencies, letting both consumers and merchants avoid having to convert back and forth between crypto and traditional to make purchases,\" Dhamodharan said.</p>\n<p>Mastercard plans to be selective about which cryptocurrencies it allows as it embarks on its plan. The company will be looking for cryptocurrencies that respect the privacy of consumer information, follow compliance procedures and \"offer the stability people need in a vehicle for spending, not investment.\"</p>\n<p>Traditional financial technology companies are increasingly experimenting with new digital assets. Mastercard, for <a href=\"https://laohu8.com/S/AONE\">one</a>, had already disclosed that it's held discussions with central banks about the possibility of \"central bank digital currencies,\" which would serve as alternative ways to pay beyond fiat currency.</p>\n<p>Mastercard Chief Executive Michael Miebach said on the company's latest earnings call that Mastercard's emphasis on consumer protection and transparency, as well as its acceptance network, could prove useful to central banks as they think about this future of money.</p>\n<p><a href=\"https://laohu8.com/S/V\">Visa</a> Inc. CEO Al Kelly said on Visa's (V) most recent earnings call that the company also has arrangements with platforms and digital wallets that issue Visa cards so that customers can spend their crypto holdings. \"These wallet relationships represent the potential for more than 50 million Visa credentials,\" he said.</p>\n<p>Kelly also spoke broadly about the prospects for cryptocurrency on Visa's platform. \"It goes without saying, to the extent a specific digital currency becomes a recognized means of exchange, there's no reason why we cannot add it to our network, which already supports over 160 currencies today,\" he said.</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. (PYPL)began letting U.S. users buy and sell cryptocurrencies like bitcoin through its platform late last year .</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MA":"万事达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110549049","content_text":"Company will open its network to crypto assets that meet its requirements around safety, compliance and stability\nMastercard Inc. said Wednesday that it would begin allowing merchants to accept some cryptocurrencies on its network later this year, marking the latest embrace of digital coins by a traditional payments player.\n\"We are here to enable customers, merchants and businesses to move digital value -- traditional or crypto -- however they want,\" Mastercard's executive vice president for digital assets Raj Dhamodharan said in a blog post .\nMastercard $(MA)$ already works with some crypto platforms that issue Mastercard cards allowing people to spend their crypto assets, but through those arrangements the cryptocurrencies don't flow through Mastercard's network, as the crypto partners convert the digital currencies to traditional currencies and then transmit them to Mastercard. By moving to support some crypto assets directly, Mastercard will \"cut out inefficiencies, letting both consumers and merchants avoid having to convert back and forth between crypto and traditional to make purchases,\" Dhamodharan said.\nMastercard plans to be selective about which cryptocurrencies it allows as it embarks on its plan. The company will be looking for cryptocurrencies that respect the privacy of consumer information, follow compliance procedures and \"offer the stability people need in a vehicle for spending, not investment.\"\nTraditional financial technology companies are increasingly experimenting with new digital assets. Mastercard, for one, had already disclosed that it's held discussions with central banks about the possibility of \"central bank digital currencies,\" which would serve as alternative ways to pay beyond fiat currency.\nMastercard Chief Executive Michael Miebach said on the company's latest earnings call that Mastercard's emphasis on consumer protection and transparency, as well as its acceptance network, could prove useful to central banks as they think about this future of money.\nVisa Inc. CEO Al Kelly said on Visa's (V) most recent earnings call that the company also has arrangements with platforms and digital wallets that issue Visa cards so that customers can spend their crypto holdings. \"These wallet relationships represent the potential for more than 50 million Visa credentials,\" he said.\nKelly also spoke broadly about the prospects for cryptocurrency on Visa's platform. \"It goes without saying, to the extent a specific digital currency becomes a recognized means of exchange, there's no reason why we cannot add it to our network, which already supports over 160 currencies today,\" he said.\nPayPal Holdings Inc. (PYPL)began letting U.S. users buy and sell cryptocurrencies like bitcoin through its platform late last year .","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":20,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":3576268,"commentId":"3576268","gmtCreate":1613437831389,"gmtModify":1680777000784,"authorId":3573453631833460,"author":{"id":3573453631833460,"idStr":"3573453631833460","authorId":3573453631833460,"name":"jiraiya自来也","avatar":"https://static.tigerbbs.com/c5b5826a50d61b77ced4fbb0c8220737","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382834448,"objectIdStr":"382834448","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"institution money coming, but make some risk management.<br>\nmy portfolio only left with btc and eth...sell off 50% of my alts for this ath, have been holding them since 2017 ath... [捂脸]","text":"institution money coming, but make some risk management.<br>\nmy portfolio only left with btc and eth...sell off 50% of my alts for this ath, have been holding them since 2017 ath... [捂脸]","html":"institution money coming, but make some risk management.<br>\nmy portfolio only left with btc and eth...sell off 50% of my alts for this ath, have been holding them since 2017 ath... [捂脸]","likeSize":0,"commentSize":3,"subComments":[{"id":3581495,"commentId":"3581495","gmtCreate":1613484424248,"gmtModify":1680777089185,"authorId":3573453631833460,"author":{"id":3573453631833460,"idStr":"3573453631833460","authorId":3573453631833460,"name":"jiraiya自来也","avatar":"https://static.tigerbbs.com/c5b5826a50d61b77ced4fbb0c8220737","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3569296375283882,"repliedAuthor":{"id":3569296375283882,"idStr":"3569296375283882","authorId":3569296375283882,"name":"虎虎是羊","avatar":"https://static.tigerbbs.com/c705cdb86291cf5420e68b5bff01abdd","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.17%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":382834448,"objectIdStr":"382834448","type":1,"supId":3576268,"supIdStr":"3576268","prevId":3581216,"prevIdStr":"3581216","content":"No harm to diversify a small portion of portfolio into cryptos that might fetch crazy gains if strike the right one. Last <u>time</u> my friend turned his $500 into $20,000 in some pump &amp; dump coins in days.","text":"No harm to diversify a small portion of portfolio into cryptos that might fetch crazy gains if strike the right one. Last <u>time</u> my friend turned his $500 into $20,000 in some pump &amp; dump coins in days.","html":"No harm to diversify a small portion of portfolio into cryptos that might fetch crazy gains if strike the right one. Last <u>time</u> my friend turned his $500 into $20,000 in some pump &amp; dump coins in days."},{"id":3581472,"commentId":"3581472","gmtCreate":1613484247965,"gmtModify":1680777086570,"authorId":3573453631833460,"author":{"id":3573453631833460,"idStr":"3573453631833460","authorId":3573453631833460,"name":"jiraiya自来也","avatar":"https://static.tigerbbs.com/c5b5826a50d61b77ced4fbb0c8220737","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3569296375283882,"repliedAuthor":{"id":3569296375283882,"idStr":"3569296375283882","authorId":3569296375283882,"name":"虎虎是羊","avatar":"https://static.tigerbbs.com/c705cdb86291cf5420e68b5bff01abdd","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.17%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":382834448,"objectIdStr":"382834448","type":1,"supId":3576268,"supIdStr":"3576268","prevId":3581216,"prevIdStr":"3581216","content":"yes, Amazon have been using eth blockchain for many years, but now there are better cryptos out there as compared to eth, overall the crypto market is very competitive.","text":"yes, Amazon have been using eth blockchain for many years, but now there are better cryptos out there as compared to eth, overall the crypto market is very competitive.","html":"yes, Amazon have been using eth blockchain for many years, but now there are better cryptos out there as compared to eth, overall the crypto market is very competitive."},{"id":3581216,"commentId":"3581216","gmtCreate":1613482773995,"gmtModify":1680777082523,"authorId":3569296375283882,"author":{"id":3569296375283882,"idStr":"3569296375283882","authorId":3569296375283882,"name":"虎虎是羊","avatar":"https://static.tigerbbs.com/c705cdb86291cf5420e68b5bff01abdd","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.17%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382834448,"objectIdStr":"382834448","type":1,"supId":3576268,"supIdStr":"3576268","prevId":0,"prevIdStr":"0","content":"Nice. Dont own cryptos but seems like there is a growing use-case","text":"Nice. Dont own cryptos but seems like there is a growing use-case","html":"Nice. Dont own cryptos but seems like there is a growing use-case"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/382834448"}