Mastercard acquires CipherTrace, cryptocurrency intelligence firm, expected to be completed by year

Mastercard announced on September 9 that it would strengthen its digital asset capabilities with the acquisition of crypto intelligence firm CipherTrace. Specific details of the purchase have not been announced and the market is expected to close before the end of last year. The combination, based on CipherTrace's digital asset suite and Mastercard's network security solutions, provides cutting-edge guidance to help identify, understand and manage risk, digital wealth and compliance. (Steel industry)