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Binance Shuts Down Fiat-to-Crypto Platform Binance Connect: Report

Binance Pulls Out of Canada Amid Tightened Crypto Regulations

Binance, reeling under the scrutiny from the US Securities and Exchange Commission (SEC), is taking measures to reorganise its business strategies. In a fresh development, the crypto exchange reportedly shut down its fiat-to-crypto platform Binance Connect on Wednesday. The platform was launched just a year ago in March 2022. Its main aim was to let retailers accept payments in the form of cryptocurrencies. The exchange plans to keep its…


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