LONDON: Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sep 22, a spokesperson for Mastercard said via email on Thursday (Aug 24). The Binance cards allow users to make payments in traditional currencies, funded by thei
LONDON: Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sep 22, a spokesperson for Mastercard said via email on Thursday .
Mastercard's website also lists partnerships with crypto exchanges including Gemini. The decision will not impact any of Mastercard's other crypto card programmes, the spokesperson said.. US regulators sued the crypto exchange and its CEO Changpeng Zhao in June for allegedly operating a"web of deception". Binance has said it would defend itself"vigorously".
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