( May 18, 2026, 07:01 GMT | Official Statement) -- MLex Summary: Mastercard's bid for BVNK, a London-based supplier of stablecoin-infrastructure services, is under review by Australia's competition watchdog. In a Monday statement, the Australian Competition & Consumer Commission said New York-based Mastercard runs a global payments network, allowing banks and businesses to process card and electronic transactions in fiat currencies, while BVNK provides technology that lets businesses send, receive and manage both stablecoins and traditional currencies across payment systems and blockchains. Deadline for submissions is May 25. Statement follows. Questionnaire attached. ...
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