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Jamie Redman

Mastercard secures NYDFS BitLicense dated May 27, 2026, expanding stablecoin rails

Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License under New York's BitLicense regime on May 27, 2026, enabling the payments firm to run digital-asset services in the state. The approval follows Mastercard's $1.8 billion deal to acquire stablecoin infrastructure company BVNK in March 2026, and executives say clearer rules are key to scaling stablecoins and tokenized deposits.
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