Mastercard brings Crypto Credential to UAE, Kazakhstan in fintech push

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Global payments provider Mastercard has introduced its Crypto Credential solution to the UAE and Kazakhstan, marking its debut in the Eastern Europe, Middle East, and Africa (EEMEA) region.

Mastercard Crypto Credential allows users to send and receive cryptocurrencies using simple aliases instead of complex blockchain addresses. The system ensures that transactions proceed only when the recipient’s wallet supports the transferred asset, reducing the risk of failed or lost transactions.

“As the cryptocurrency landscape continues to mature, we’ve been laser focused on developing innovative services and capabilities that…

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