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Mastercard joins the Blockchain Security Standards Council to develop a security framework in collaboration with members like Coinbase.

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PANews
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3 hours ago
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PANews April 22 news, according to BeInCrypto, Mastercard has joined the Blockchain Security Standards Council (BSSC) as a charter-level member, collaborating with members such as Coinbase, Fireblocks, Anchorage Digital, and BitGo to establish security frameworks for blockchain networks and tokenized assets. Mastercard will also join a working group focused on security and privacy guidelines, with Claire Le Gal from the security solutions department representing Mastercard on the BSSC board, responsible for fraud prevention, cyber resilience, disputes, and threat intelligence. The executive director of BSSC stated that Mastercard's payment experience is of significant value in developing robust blockchain security regulations. Mastercard has launched multi-token networks and crypto credential products aimed at embedding trust into blockchain and tokenized infrastructure.

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