Mastercard putting lobby pressure on Bitcoin
Julian Hattem at The Hill reported Tuesday that US federal lobbying disclosure reports show MasterCard is paying its lobbyists to focus on Bitcoin. Five lobbyists from Peck Madigan Jones were looking into “Bitcoin and mobile payments,” the quarterly report read. You can read the report here. This means MasterCard is officially the first company to lobby Captiol Hill for anything Bitcoin related. And MasterCard has a contentious past with cryptocurrencies. Wired reported last week that Xapo was about to release a Bitcoin debit card that would work on MasterCard networks, but Hattem reported....
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