Binance Resumes Mastercard Payments for Crypto

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Binance Resumes Mastercard Payments for Crypto
United Kingdom Latest News,United Kingdom Headlines
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Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.

UnmutePowell Says Fed Is 'Prepared to Raise Rates'; Mastercard, Binance Back Away From Crypto Card Partnership

Binance can once again allow Mastercard users to purchase cryptocurrencies on the world’s largest exchange, after the card giant Last year’s decision by the card networks to part ways with Binance happened around the time the exchange was grappling with legal challenges in the U.S., including multiple charges by the

“Following an extensive review of the rigorous controls and processes that Binance put into place, Mastercard made the decision to allow Binance-related purchases on its network,” a Binance spokesperson said via email. “We look forward to adding support for further products, such as withdrawals, at a later date.”"Over the past several months, we have reviewed the enhanced controls and processes that Binance has put into place.

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