Mastercard and Visa Cut Ties with Binance Amid Escalating Regulatory Concerns

  • Mastercard will no longer offer Binance-branded cards in Latin America and the Middle East due to growing regulatory scrutiny.
  • Binance’s users (less than 1%) in these regions impacted, have until September 21, 2023 to use the card.
  • Similarly, Visa ended its card partnership with Binance in Europe as of July.
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