Crypto exchange Binance has just announced it has made the decision to stop supporting the Binance Card product in Latin America and the Middle East starting next September 21.
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According to the announcement:
"Binance accounts around the world are not affected. Where available, users can also shop with crypto and send crypto using Binance Pay, a contactless, borderless and secure cryptocurrency payment technology designed by Binance."
The company has noted the decision will affect less than 1% of users in the respective markets.
We have recently reported digital payments platform Checkout.com has suspended its partnership with Binance due to regulatory issues.
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