Grace Berkery, director of startup engagement at the payment processing firm Mastercard, thinks the collapse of FTX will ultimately be a positive for the industry.
"איך טראַכטן עס איז אַ געלעגנהייט און צייט צו באַשטעטיק," טעטשקרונטש reported Berkery as saying at Benzinga’s Future of Crypto Event. “At Mastercard, we believe there’s a lot of promise in the underlying technology. There’s a lot happening in the space.”
She added that investors may regard NFTs and metaverse endeavors as a big opportunity, especially if these projects boost customer engagement and loyalty. New institutional investors who do join will be more cognizant about due diligence of their crypto partners going forward, she said.
Mastercard itself has built tools for better crypto compliance, rolling out קריפּטאָ זיכער in October. The platform uses artificial intelligence to monitor crypto exchange-related risks in Mastercard’s pay flow, The Block reported previously.
Other major financial players have seen silver linings following FTX’s collapse as well. Ample investment opportunities abound now that crypto assets are “פּרייסט much more sensibly,” said Goldman Sachs’s digital asset head Mathew McDermott.
© 2022 די בלאַק קריפּטאָ, ינק. כל הזכויות שמורות. דער אַרטיקל איז צוגעשטעלט בלויז פֿאַר ינפאָרמיישאַנאַל צוועקן. עס איז ניט געפֿינט אָדער בדעה צו זיין געוויינט ווי לעגאַל, שטייער, ינוועסמאַנט, פינאַנציעל אָדער אנדערע עצה.
Source: https://www.theblock.co/post/193060/mastercard-sees-ftx-collapse-as-time-to-reset-for-crypto?utm_source=rss&utm_medium=rss