ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Global Management Forum 2019

Mastercard ready to embrace digital currencies -- including China's

US credit card giant eyes Asia's emerging markets but faces hurdles

Mastercard International Markets President Gilberto Caldart says consumers are best served by a "level playing field" that affords them access to the finest technologies. (Photo by Manami Yamada)

TOKYO -- Mastercard is warming to the notion of central bank-backed digital currencies, while keeping its distance from private sector-led cryptocurrency initiatives -- seen by many as a direct challenge to state sovereignty.

"If it is a digital currency established by a government and is accepted by that regulatory environment, we'll be operating with it," Gilberto Caldart, president of Mastercard's international operations, said in an interview with the Nikkei Asian Review.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more