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Mastercard ends Binance card partnership in latest blow to crypto giant

Mastercard ends Binance card partnership in latest blow to crypto giant

Visa Inc. and Mastercard Inc. credit cards are arranged for a photograph in Tiskilwa, Illinois, U.S.

Daniel Acker | Bloomberg | Getty Images

Embattled cryptocurrency exchange Binance has lost some business with payment card networks Mastercard and Visa.

The development is a sign of how traditional financial institutions are growing wary of working with the company as it faces intense regulatory scrutiny and wider concerns around financial…


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