<p><span style="font-weight: 400;">Mastercard has been </span><span style="font-weight: 400;">granted</span><span style="font-weight: 400;"> a New York State BitLicense, which aligns with the firm's "long‑term strategy to responsibly engage with evolving payment and settlement infrastructure supporting digital currencies such as stablecoins and tokenized deposits."</span></p>
<p><span style="font-weight: 400;">"Clear regulatory frameworks play an important role in building trust and confidence as new forms of digital value move from experimentation toward practical application,” Mastercard Chief Product Officer Jorn Lambert said in a <a href="https://investor.mastercard.com/investor-news/investor-news-details/2026/Mastercard-Granted-New-York-State-Department-of-Financial-Services-BitLicense/default.aspx">release</a>.
"This approval underscores our focus on aligning innovation with regulatory expectations of high levels of security, compliance and risk management."</span></p>
<p><span style="font-weight: 400;">New York has now officially granted three Virtual Currency Business Activity Licenses (aka BitLicenses) in 2026, including GalaxyOne Prime and Zap Solutions, and about 40 since the program rolled out in 2015. </span><span style="font-weight: 400;">Companies must get a BitLicense or a state banking charter to legally operate with New York customers.</span></p>
