Crypto Whales Are Loading Up — Are You?
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- The Reserve Bank of India (RBI) has barred global card player Mastercard Inc (NYSE:MA) from onboarding new domestic customers on its network from July 22, Business Standard reports.
- The central bank's directive follows non-compliance with guidelines on local data storage, despite ample time and adequate opportunities given to it.
- The rules also encompass banks that work with Mastercard for debit, credit, or prepaid cards.
- The RBI had directed all the payment system providers to store the entire data relating to payment systems in a system in India. They were required to report compliance to RBI and submit a board-approved system audit report.
- Price action: MA shares traded higher by 1.35% at $388.89 on the last check Wednesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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