THE HASH: Mastercard Joins Paxos to Help Banks Offer Crypto Trading; Magic Eden Moves to Optional Royalty Model
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 17 October 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
This episode is sponsored by ZenGo.
The most valuable crypto stories for Monday, Oct. 17, 2022.
Mastercard (MA) has formed a partnership with crypto trading platform Paxos to offer a program that will help financial institutions offer cryptocurrency trading, the payments company said Monday. Plus, Solana non-fungible token (NFT) mainstay Magic Eden is moving to an optional royalty model, the marketplace said in a Friday night Twitter thread.
See also:
Mastercard Joins With Paxos to Help Banks Offer Crypto Trading
NFT Marketplace Magic Eden Moves to Optional Royalty Model
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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This episode is sponsored by Zengo. |
| 0:10.3 | This is the hash podcast. |
| 0:12.9 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more with |
| 0:18.1 | stories that matter to the crypto world, all on the hash for your ears. |
| 0:23.8 | You're listening to the Coin Desk Podcast Network. |
| 0:28.9 | Hey, welcome to the Hash. Happy Monday. You're here watching us on Coin Desk TV, maybe a bit later. |
| 0:34.5 | You're listening to us on the Coin Desk Podcast Network. We appreciate |
| 0:37.8 | you either way. I'm Zach. That's Wendy. Jen is over there. Will is here. We're talking about |
| 0:43.6 | Kanye in the Satoshi Nakamoto hat. That's not our first story of the day. We're going to do something. |
| 0:48.8 | I wish it was. A bit more drab, but also noteworthy and interesting. I'm going to toss it straight to Wendy for some news on MasterCard and Paxos. |
| 0:57.4 | What do you got? |
| 0:58.1 | Yay, I'm so excited to be back. |
| 0:59.6 | And I think we should just do a show on Kanye. |
| 1:01.5 | I think that would be awesome because I've got some really hot takes. |
| 1:03.6 | Anyways, this is really important news and actually really great for our industry. |
| 1:08.3 | And I will explain why. MasterCard joins with Paxos to help banks offer crypto trading. |
| 1:13.9 | So they basically want to partner with Paxos and offer crypto, or I guess, a crypto source |
| 1:19.6 | program that will help banks offer trading to users, allowing folks to buy, hold, sell |
| 1:24.8 | cryptocurrency. |
| 1:25.7 | And it also looks like MasterCard is going to deal with |
| 1:29.6 | all of the regulatory compliance, provide AML, KYC, identity monitoring services. And the thing |
| 1:37.5 | that I think that is great about this is I feel like crypto companies don't necessarily have |
... |
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