Mastercard Secures BitLicense as Bitcoin ETFs See Outflows
The post Mastercard Secures BitLicense as Bitcoin ETFs See Outflows appeared on BitcoinEthereumNews.com. Peter Zhang May 29, 2026 19:33 Mastercard obtained a New York BitLicense for crypto operations, while Bitcoin ETFs face six days of outflows, signaling weakening investor demand. Mastercard has successfully secured a BitLicense from the New York Department of Financial Services (NYDFS), allowing it to expand its crypto operations in one of the most heavily regulated jurisdictions in the U.S. This regulatory win comes as institutional interest in Bitcoin ETFs appears to be waning, with U.S. spot ETFs logging six consecutive trading days of outflows. Mastercard Targets Stablecoins and Tokenized Payments The BitLicense, issued on May 27, 2026, enables Mastercard to operate regulated virtual currency activities in New York, including those tied to stablecoins and tokenized deposits. This aligns with the payment giant’s broader strategy to integrate blockchain infrastru