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Binance Connect to Shut Down
1 year ago
10
PayPal
UK
transfers
wallets
Coinbase
National Futures Association (NFA)
Futures Commission Merchant (FCM)
crypto futures trading
spot crypto trading
leveraged crypto futures
U.S. SEC lawsuit. Binance
Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will cease operations on August 16. The decentralized BNB Chain exchange, Biswap, tweeted about this decision, explaining that the closure was due to the discontinuation of supporting card payments services by Binance Connect's provider. The move aligns with Binance's strategic goals, emphasizing concentration on its core business activities. This shift underlines the company's commitment to refining its key operations. Binance Connect to Shut Down as BNB Chain Focuses
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