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

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

20191029 Interview Mastercard International Markets President Gilberto Caldart

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)

MITSURU OBE, Nikkei staff writer

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.

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