Mastercard Ends Partnership with Binance Crypto Exchange in Latin America
Global payment giant Mastercard is ending its partnership with Binance crypto exchange in Latin America. The decision comes amid increased regulatory scrutiny of the beleaguered exchange. Starting September 22, Mastercard and Binance will wind down their four crypto card programs in Argentina, Brazil, and Colombia. Cardholders will have the opportunity to convert their Binance wallet holdings. The end of the collaboration is likely a response to Binance’s ongoing regulatory issues worldwide.
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