Major financial institutions like Amex, Mastercard, and PayPal are expanding their presence into the cryptocurrency market.
1 report, 1 independent
Updated Aug 28
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What happened
Major financial institutions like Amex, Mastercard, and PayPal are expanding their presence into the cryptocurrency market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Goldman Sachs and W. R. Berkley are identified as major financial services firms operating in the crypto space alongside Coinbase and Base.Sub-event
Amex and Mastercard are expanding into crypto via partnerships with Coinbase.1 source
Keep exploring
The entities involved
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American Express
American multinational financial services corporation
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Mastercard
American multinational financial services corporation
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Coinbase
American company that operates a cryptocurrency exchange platform
Related events
- Pending U.S. crypto legislation involving Coinbase.
- Coinbase, Circle, and Base are identified as major players in the crypto market, with Trump's support aiding Coinbase's growth.
- Coinbase and Circle are identified as equity proxies for U.S. crypto market-structure legislation amid legislative uncertainty.
- Coinbase Canada is vying to be first to offer crypto derivatives, seeking registration with the Canadian Investment Regulatory Organization. Eric Richmond joined as CEO.
- New ventures are emerging in the Bitcoin ecosystem, including a firm led by Bill, a company focused on Bitcoin treasury management, and Grow offering Crypto IRA investments.
Coverage
Newest first; wire copies grouped- ZacksWill Coinbase Help American Express Future-Proof Its Payments Model? American Express Company AXP, also known as AmEx and well-known for its premium cards and loyalty programs, is making a significan