Point Roberts, WA and Delta, BC – October 26, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
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Crypto Corner Podcast 702: Stocks discussed: (NYSE: MA) (NYSE: BKKT) (NasdaqGS: TSLA) (NasdaqCM: EQOS)
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Stocks discussed: (NYSE:MA) (NYSE:BKKT) (NasdaqGS:TSLA) (NasdaqCM:EQOS)
Mastercard (NYSE:MA) has announced a multifaceted partnership with Bakkt Holdings, Inc. (NYSE:BKKT) to “make it easier for merchants, banks and fintechs in the U.S. to embrace and offer a broad set of cryptocurrency solutions and services.” Mastercard’s network and Bakkt’s platform will allow Mastercard partners to offer the “ability for consumers to buy, sell and hold digital assets through custodial wallets powered by the Bakkt platform and streamlined issuance of branded crypto debit and credit cards.” Sherri Haymond, executive vice president, Digital Partnerships at Mastercard, said:
“Mastercard is committed to offering a wide range of payment solutions that deliver more choice, value and impact every day. Together with Bakkt and grounded by our principled approach to innovation, we’ll not only empower our partners to offer a dynamic mix of digital assets options, but also deliver differentiated and relevant consumer experiences.”
In a quarterly filing with the United States Securities and Exchanges Commission (SEC) from September, Tesla (NasdaqGS:TSLA) appears to imply the restoration of cryptocurrency transactions. An excerpt reads:
During the nine months ended September 30, 2021, we purchased an aggregate of $1.50 billion in bitcoin. In addition, during the three months ended March 31, 2021, we accepted bitcoin as a payment for sales of certain of our products in specified regions, subject to applicable laws, and suspended this practice in May 2021. We may in the future restart the practice of transacting in cryptocurrencies (“digital assets”) for our products and services.
For the first three months of this year, Tesla accepted Bitcoin (BTC) for purchases, but stopped in response to concerns over the cryptocurrency’s environmental impact.
EQONEX (Diginex Limited) (NasdaqCM:EQOS) has announced a significant expansion of its international sales team with strategic hires to meet the exponential growth of institutional demand for digital assets. The firm’s CEO, Richard Byworth, said:
“Institutional participation in crypto is at an inflection point. Our institutional clients and professional crypto traders want to work with experts they can trust, and our investment in highly experienced professionals reflects our commitment to delivering a best-in-class, compliant and transparent cryptocurrency platform.”
Sam Mowers, Investorideas
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