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WebsCrypto—Business—Mastercard Director: Now Is a Good Time to Re-Enter the Crypto Industry
Business

Mastercard Director: Now Is a Good Time to Re-Enter the Crypto Industry

By Simon LawsonDecember 8, 2022
Mastercard Director: Now Is a Good Time to Re-Enter the Crypto Industry
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Grace Berkery, director of startups at Mastercard, said at Benzinga’s Future of Cryptocurrency event. I feel like once you get an agency into a field, it’s very hard to get them to pivot.

So, if they’re going to get in, they’re going to stay in the field. Don’t think institutions are shying away from the crypto industry, but will be more concerned about their diligence and who they work with, and with companies that have a good track record and existing clients.

The focus will be less on the hype in the space and more on what the actual value as a company is.

Berkery said, I think this is a good time to re-enter the encryption industry, and there are definitely still opportunities for institutions to cooperate with cryptocurrency companies.

Related:  Cryptocurrency Platform LocalBitcoins Shuts Down After a Decade of Service
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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