TLDR Crypto · MARKETS & BUSINESS
MASTERCARD, BINANCE TO END CRYPTO CARD PARTNERSHIP
Summary from the TLDR Crypto newsletter
Mastercard and crypto exchange Binance will terminate their cryptocurrency card programs in Argentina, Brazil, Colombia, and Bahrain from September 22. The cards enabled payments in traditional currencies using cryptocurrency holdings. The termination will not affect Mastercard's other crypto card initiatives. This move comes amidst Binance facing ongoing regulatory challenges, including a US lawsuit for alleged deceptive practices.