Crypto-Banning Banks Impact Mastercard Q1 Volume

The crypto-banning big banks are creating a negative impact on cross-border payments and transaction volume for Mastercard. According to a recent earnings call reported by Seeking Alpha, the restrictions on crypto-currency by mega-issuing banks including JPMorgan Chase, Bank of America, Bank of Montreal, Capital One and Citi has led to a decline in Mastercard’s cross-border … Read moreCrypto-Banning Banks Impact Mastercard Q1 Volume