Binance and Mastercard Settle Rift as Payments for Crypto Resumes

Binance can now allow Mastercard users to purchase cryptocurrencies on its exchange. The card giant switched off that capability on the world’s largest cryptocurrency exchange in August of 2023.

As well as allowing payments using Mastercard, Binance-branded Visa cards will also be issued again, Binance said.

MasterCard parted ways with Binance happened around the time the exchange was grappling with legal challenges in the U.S., including multiple charges by the U.S. Securities and Exchange Commission (SEC) and U.S. Commodity Futures Trading Commission (CFTC).

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