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 created the organization Stand With Crypto in 2023.
- Major crypto players Coinbase and Circle are noted, alongside Ark Invest's holdings and Cathie Wood's bullish outlook on Bitcoin and Ethereum.
- The Office of the Comptroller of the Currency is actively involved in the regulatory landscape of crypto firms, challenging and granting national trust bank charters for crypto activities.
- Coinbase awaits clearer rules from the SEC as Chair Paul Atkins pushes innovation exemptions for tokenized assets, with Nasdaq building supporting platforms.
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