Payments processor Mastercard (MA - Get Report)  reportedly is putting together a team of cryptocurrency experts.

The move comes after a June announcement that the financial services company was teaming up with Facebook (FB - Get Report) to develop the social media giant's cryptocurrency, known as Libra.

Mastercard has placed recruiting advertisement for cryptocurrency experts, according to a report from the New York Post.

The Post report didn't clarify whether Mastercard's desire to build in-house cryptocurrency bench strength was a precursor to the financial services company launching a separate brand of crypto.

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Constable owns none of the securities listed in this story.