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Payments processor Mastercard (MA)  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) 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.

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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.