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crypto.news 2025-01-09 10:24:12

Mastercard brings p2p aliases for crypto transfers in UAE, Kazakhstan: report

Mastercard brings p2p aliases for crypto transfers in UAE, Kazakhstan: report

Mastercard brings its Crypto Credential solution to the EEMEA region, starting with the UAE and Kazakhstan. Payments processor Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, marking its first move into the EEMEA region. The new service makes crypto transfers easier by letting users send and receive tokens using simple aliases instead of complicated blockchain addresses, the company said in a press release on Jan. 9. The expansion will help exchanges like ATAIX Eurasia, Intebix, and CoinMENA, along with Fuze, a digital asset provider, streamline blockchain transactions, the company says. You might also like: Kazakhstan blocks illegal crypto exchanges to combat money laundering Mastercard’s EVP for core payments in the region, Gaurang Shah, said the company has been “laser focused on developing innovative services and capabilities that help make crypto more accessible and secure.” Mastercard Crypto Credential was first unveiled in 2023 to help simplify and secure crypto transactions across different blockchain networks. The idea is to make crypto exchanges easier by offering a way to verify users’ identities and ensure that the right assets go to the right wallets. However, the concept of blockchain aliases isn’t entirely new. Platforms like Unstoppable Domains have been offering blockchain-based aliases for years, allowing users to replace lengthy blockchain addresses with user-friendly names. Read more: Mastercard and J.P. Morgan team up for better blockchain payments

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine