Global credit card behemoth Mastercard and leading cryptocurrency broker Binance have decided to part ways, according to a Reuters report. The partnership consisted of Binance offering a Mastercard-branded card to its users Argentina, Brazil, Bahrain, and Colombia.
Many in the crypto universe are taking this as a sign that Binance’s regulatory woes in recent months are not only growing, but a potential liability for its partners….
Read More: Mastercard and Binance End Partnership: Did Binance’s Regulatory Issues Raise Concerns With Partners?