Mastercard Picks Polygon to Bring Verified Usernames to Self-Custody Wallets

Mastercard (MA) has chosen Polygon to power a new system that lets people send crypto to verified usernames instead of long wallet addresses, the companies said on Tuesday. Mastercard Crypto Credential standardizes how blockchain addresses are verified by enabling human-readable aliases that correspond to a verified individual, the company said in a an emailed press…

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U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets

A coalition of U.S. crypto, fintech and retail groups is uniting to defend open banking, warning in a letter that big banks’ attempts to charge for data access could choke off the connections between the financial system and digital wallets and stablecoins. Groups including the Blockchain Association, the Crypto Council for Innovation, the National Association…

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