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.
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.