HOW CRYPTO SECURE WORKS
A simple intuitive dashboard provides greater visibility of crypto spend, transaction volumes and AML risk rating exposure
Compliance risk
Combat risk of money laundering from criminal entities making crypto fund transfers
Regulatory risk
Meet heightened regulatory scrutiny and oversight of engagement with any crypto transactions and third-party virtual asset service providers
Reputational risk
Improve visibility into cardholders’ crypto activity and the service provider risk profiles where they transact
Fraud risk
Detect and prevent fraud for crypto asset-related transactions
4x
higher fraud rates for crypto vs. non-crypto transactions1
Source: Mastercard internal data. Calculated at December 31, 2022.
347m
projected global number of cryptocurrency users by 2027
Source: statista.com, 2022
$2.8t
estimated crypto wallet market value by 2028
Source: globalmarketestimates.com, 2023

CASE STUDY
Identifying approval optimization opportunities
With VASP AML risk insights powered by CipherTrace, an issuer could identify opportunities to approve issuer-declined crypto transactions from low-risk VASPs2, totalling more than $8 million total potential GDV.
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