Moneycontrol PRO
HomeNewsBusinessMastercard, Binance to end crypto card partnership

Mastercard, Binance to end crypto card partnership

The Binance cards allowed users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.

August 24, 2023 / 22:36 IST
The decision will not impact any of Mastercard’s other crypto card programs, according to the spokesperson.
-
Open Trading A/c
-
0 (0%)
Todays L/H
0
0

Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for Mastercard said via email on Thursday.

The Binance cards allowed users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.

The decision will not impact any of Mastercard’s other crypto card programs, the spokesperson said.

Reuters
first published: Aug 24, 2023 10:36 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advertisement

Crypto Basket
Powered By Mudrex

Bitcoin
Current Price ₹ 8,381,141.40 1D returns -5.29%
Buy Now
Ethereum
Current Price ₹ 279,736.56 1D returns -5.74%
Buy Now
Ripple
Current Price ₹ 201.78 1D returns -3.77%
Buy Now
BNB
Current Price ₹ 84,416.10 1D returns -2.89%
Buy Now
USD Coin
Current Price ₹ 93.07 1D returns 0.03%
Buy Now
Solana
Current Price ₹ 12,603.76 1D returns -3.56%
Buy Now
Crypto Blue Chip - 5
1W returns-12.80%
Invest Now
BTC 50 :: ETH 50
1W returns-13.17%
Invest Now
Web3 Tracker
1W returns-15.47%
Invest Now
AI Tracker
1W returns-15.54%
Invest Now
DeFi Tracker
1W returns-16.45%
Invest Now
Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347