- Mastercard now has a license to conduct business in the digital asset sector in New York State.
- In recent months, the company has expanded its range of cryptocurrency-related offerings.
Mastercard’s US transaction services division has received a digital asset business license (BitLicense) from the New York State Department of Financial Services. The payments giant will now be able to offer its crypto services in the state.
A clear regulatory framework plays an important role in building trust as new forms of digital value move from the experimental stage to practical application.
This approval underlines our commitment to aligning innovation with regulatory requirements for high levels of safety, compliance and risk management, said Mastercard Chief Product Officer Jörn Lambert.
New York’s BitLicense is considered one of the strictest state-level cryptocurrency regulations in the US. In 2026, New York authorities officially issued only three BitLicenses, including to GalaxyOne Prime and Zap Solutions, and approximately 40 licenses since the program’s launch in 2015.
In recent years, Mastercard has been active develops in the crypto industry, including through partnerships with major industry players Binance:, Circle, Ripple, PayPal, Paxos, KuCoin:, Dappradar, Gemini: и Crypto.com:.
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