{"id":173736,"date":"2023-10-13T21:06:16","date_gmt":"2023-10-13T15:36:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=173736"},"modified":"2023-10-13T21:06:16","modified_gmt":"2023-10-13T15:36:16","slug":"mastercards-ciphetrace-vp-discusses-decade-long-maturation-of-cryptocurrency-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/mastercards-ciphetrace-vp-discusses-decade-long-maturation-of-cryptocurrency-crypto-news\/","title":{"rendered":"Mastercard\u2019s Ciphetrace VP discusses decade-long maturation of cryptocurrency &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Melissa Wisner, vice president of crypto risk at Ciphertrace, Mastercard\u2019s crypto intelligence firm, highlighted the maturation of the cryptocurrency sector in the past decade.<\/p>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/doj-seeks-block-bankman-fried-bringing-up-anthropic-fundraise-court\/\">DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court<\/a><\/p>\n<h3 class=\"wp-block-heading\">Fast Facts<\/h3>\n<ul>\n<li>\u201cThe links between the traditional financial system and the crypto ecosphere are still very close,\u201d said Wisner at a panel discussion at the D3 conference in the Bahamas.\u00a0<\/li>\n<\/ul>\n<ul>\n<li>She added that the crypto space doesn\u2019t seem to be moving away from the traditional financial system, despite the notion that cryptocurrencies will replace banking institutions.<\/li>\n<li>An increasing number of major financial institutions are exploring blockchain technology. The world\u2019s largest asset manager, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/blackrock-shares-go-digital-jpmorgans-onyx-blockchain\/\">BlackRock<\/a>, has tokenized its money market fund shares for the first time on Wednesday using JPMorgan\u2019s Ethereum-based Onyx blockchain.<\/li>\n<li>The third largest banking institution in the U.S., <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/headlines\/citigroup-digital-token-service\/\">Citigroup<\/a>, launched Citi Token Services in September, a blockchain-based cross-border payment solution for institutions.<\/li>\n<\/ul>\n<ul>\n<li>According to Wisner, many of Mastercard\u2019s banking partners aren\u2019t interested in crypto due to their low-risk appetite for the asset class.<\/li>\n<\/ul>\n<ul>\n<li>Founded in 2015 by the U.S. Department of Defense, Ciphertrace was acquired by Mastercard in September 2021.<\/li>\n<\/ul>\n<ul>\n<li>Wisner said the acquisition underscores Mastercard\u2019s belief that virtual assets and crypto are a lasting part of the financial future.\u00a0<\/li>\n<\/ul>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/doj-seeks-block-bankman-fried-bringing-up-anthropic-fundraise-court\/\">DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Melissa Wisner, vice president of crypto risk at Ciphertrace, Mastercard\u2019s crypto intelligence firm, highlighted the maturation of the cryptocurrency sector in the past decade. See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court Fast Facts \u201cThe links between the traditional financial system and the crypto ecosphere are still very [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":29289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-173736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/173736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=173736"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/173736\/revisions"}],"predecessor-version":[{"id":173737,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/173736\/revisions\/173737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/29289"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=173736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=173736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=173736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}