Mastercard has decided to end its partnership with global crypto exchange and current regulatory target Binance, in Latin America and the Middle East, effectively discontinuing Binance-branded cards that allowed users to make purchases with cryptocurrency backed payments. The move follows Visa‘s decision to terminate its card partnership with Binance in Europe this past July. The combined actions highlight the increasing caution among traditional financial institutions when dealing with Binance due to financial compliance concerns.
Mastercard Ends Binance Card Partnership in Latest Blow to Crypto Giant
