Mastercard, Binance To End Crypto Card Partnership

Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22. From a report: The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange. 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. Binance is facing legal and regulatory challenges.

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