Mastercard Joins the Blockchain Security Standards Council as a Founding Member

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Mastercard has joined the Blockchain Security Standards Council (BSSC) as a founding member, according to blockchain news. The company will help shape security frameworks for blockchain networks and tokenized assets. Claire Le Gal will represent Mastercard on the BSSC board. Current members include Coinbase, Fireblocks, Anchorage Digital, BitGo, Figment, and Ribbit Capital. The move comes amid growing concerns over security breach risks in the crypto industry.

BlockBeats news: On April 22, according to BeInCrypto, traditional financial giant Mastercard has joined the Blockchain Security Standards Committee (BSSC) as a founding member, participating in the development of security frameworks for blockchain networks and tokenized assets, and joining a working group focused on security and privacy guidelines.


BSSC is a nonprofit alliance whose current members include Coinbase, Fireblocks, Anchorage Digital, BitGo, Figment, and Ribbit Capital. Claire Le Gal of Mastercard will represent the company on the BSSC board.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.