Coinscreed
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $29,466.001.74% 24H
    BITCOIN
    24H : 1.74%
    Volume : $14,963,128,309.00
    Marketcap : $561,667,791,864.00
  • ethereumEthereum(ETH)
    $1,981.692.26% 24H
    ETHEREUM
    24H : 2.26%
    Volume : $8,763,217,374.00
    Marketcap : $239,701,331,151.00
  • binancecoinBNB(BNB)
    $312.304.81% 24H
    BNB
    24H : 4.81%
    Volume : $1,255,154,802.00
    Marketcap : $52,527,016,327.00
  • rippleXRP(XRP)
    $0.4162.45% 24H
    XRP
    24H : 2.45%
    Volume : $1,463,750,321.00
    Marketcap : $20,131,326,464.00
  • cardanoCardano(ADA)
    $0.5324.88% 24H
    CARDANO
    24H : 4.88%
    Volume : $406,941,797.00
    Marketcap : $18,024,345,283.00
  • terra-lunaTerra(LUNA)
    $0.00011-14.96% 24H
    TERRA
    24H : -14.96%
    Volume : $247,354,397.00
    Marketcap : $721,028,074.00
Coinscreed
No Result
View All Result
homerun token
Home Binance News

Visa, Mastercard still partners with Binance amidst global regulatory Scrutiny

LollyCrypt by LollyCrypt
10 months ago
in Binance News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter
Despite increased regulatory issues with Binance, Visa and Mastercard have not cut links with the cryptocurrency exchange. Cardholders can still deposit funds into their accounts at the exchange using Visa and Mastercard.
Visa, Mastercard still partners with Binance amidst global regulatory Scrutiny

The Financial Times reported on Friday that Visa was “aware of the recent FCA announcement about Binance,” and that it was in “conversation with Binance to monitor developments.”

Binance has been issued a warning by the Financial Conduct Authority (FCA), claiming that the exchange is not authorized to participate in regulated activities in the United Kingdom.

SuggestedArticles

Chanpeng Zhao Says He Is Poor Again Following LUNA Crash

Chanpeng Zhao Says He Is Poor Again Following LUNA Crash

2 days ago
Binance CEO CZ Sets To Support Terra Community

Binance CEO CZ Sets To Support Terra Community

6 days ago

We continue to monitor this situation, including how the exchanges fulfill their regulatory requirements.

Binance also offers a Visa-branded debit card that allows users to spend funds from their crypto wallets at stores, according to Mastercard.

Contis, a company that provides payments services in the EU through an e-money license from Lithuania’s central bank, issues the Binance card, which is accepted in many European countries.

Following the FCA’s warning, a number of UK banks, including Barclays and Santander, have halted fund transfers to Binance. Binance’s relationships with payment service providers Clear Junction and BCB Group have also reportedly ended.

Sterling withdrawals via Faster Payments and euro deposits via SEPA bank transfers have been disabled by the exchange.

In an open letter published last week, Binance CEO Changpeng Zhao stated that the company “has developed very quickly and we haven’t always gotten everything quite right.”

Zhao promised to improve regulatory compliance, claiming that his exchange has already “cleared multiple external anti-money laundering audits.”

Tags: BinanceBinance smart chainMastercardRegulationsVisa

BTC365

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.