Mastercard Resumes Crypto Purchases on Binance

Mastercard reinstates cryptocurrency purchases on Binance, following a suspension since August 2023

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Binance's legal challenges in the U.S. coincided with the suspension by card networks, suggesting a regulatory link

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Rigorous controls prompted Mastercard's decision, with plans for additional services in the future

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Mastercard's restoration is conditional, subject to ongoing reviews for compliance

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Visa and Mastercard's interest in crypto highlights a broader trend of traditional finance embracing Web3 and self-custody wallets

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