{"id":77021,"date":"2018-03-19T13:02:46","date_gmt":"2018-03-19T20:02:46","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2018\/03\/mastercard-will-support-cryptocurrencies-if-theyre-backed-by-governments"},"modified":"2018-03-19T13:02:46","modified_gmt":"2018-03-19T20:02:46","slug":"mastercard-will-support-cryptocurrencies-if-theyre-backed-by-governments","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2018\/03\/mastercard-will-support-cryptocurrencies-if-theyre-backed-by-governments","title":{"rendered":"Mastercard will support cryptocurrencies, if they\u2019re backed by governments"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/mastercard-will-support-cryptocurrencies-if-theyre-backed-by-governments.png\"><\/a><\/p>\n<p>It seems Mastercard is gradually softening its stance on cryptocurrency, after CEO Ajay Banga downplayed non-government mandated digital currencies as \u201cjunk\u201d back in October last year.<\/p>\n<p>In a conversation with Financial Times, Ari Sarkar, Mastercard co-president for the Asia-Pacific region, said the company is open to explore cryptocurrencies created and backed by governments.<\/p>\n<p>\u201cIf governments look to create national digital currency we\u2019d be very happy to look at those in a more favourable way [compared with existing cryptocurrencies],\u201d Sarkar told <a href=\"https:\/\/www.ft.com\/content\/9afa9f4c-2772-11e8-b27e-cc62a39d57a0\" target=\"_blank\" rel=\"nofollow noopener\">Financial Times<\/a>.<\/p>\n<p><!-- Link: <a href=\"https:\/\/thenextweb.com\/hardfork\/2018\/03\/19\/mastercard-cryptocurrency-government\/\">https:\/\/thenextweb.com\/hardfork\/2018\/03\/19\/mastercard-cryptocurrency-government\/<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It seems Mastercard is gradually softening its stance on cryptocurrency, after CEO Ajay Banga downplayed non-government mandated digital currencies as \u201cjunk\u201d back in October last year. In a conversation with Financial Times, Ari Sarkar, Mastercard co-president for the Asia-Pacific region, said the company is open to explore cryptocurrencies created and backed by governments. \u201cIf governments [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1761,1490],"tags":[],"class_list":["post-77021","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","category-government"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/77021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=77021"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/77021\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=77021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=77021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=77021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}