Mastercard ’s announcement was make after several major ship’s company pronounce the Same affair . what is more , the chief operating officer of Tesla , Elon Musk buy 1.5 billion US buck of bitcoin and will consent it as a figure of defrayment . asset manager BlackRock Inc and defrayment caller Square and PayPal have as well recently hold up cryptocurrencies . Mastercard already pass add-in that allow for client to transact practice the cryptocurrency of their option , fifty-fifty if it is not through its meshwork . “ coif this lick will produce more theory for purchaser and merchandiser , enable them to transact in an wholly unexampled descriptor of defrayal . This shift could receptive merchant to fresh customer who are already flock to digital plus , ” Mastercard state , cite on Thursday ( 11/2/2021 ) . nonetheless , Mastercard will not substantiate all case of cryptocurrencies . They will constrain the survival because many digital asset bear to reincarnate effectual complaisance . Cryptocurrencies have retentive shinny to make headway the faith of formal investor and the superior general populace due to a orotund total of speculation over cryptocurrencies and potentiality money laundering . evening of late , Nigeria had prohibited cryptocurrency dealing and pretend sure enough it ’s abide by with immediate effectuate .