Crypto Exchange Binance to Shut Down Payments Service Amid Refocus On Core Products

That Binance Suit Sure Seems Bigger Than Just a CFTC Case

Binance Connect, which allowed merchants to accept payments in crypto, launched in March 2022 in an effort to help companies become “crypto-ready,” the exchange said back then. The service supported 50 cryptocurrencies and all major payment methods, including Visa and Mastercard.

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