Binance Opens Shiba Inu, XRP Purchase Via Mastercard
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Mastercard resumes Binanc transactions after reviewing Binance's enhanced regulatory compliance controls.
The suspension last year was due to Binance's legal issues, including a $4.3 billion settlement with the DOJ.
Mastercard's decision to restore services is contingent on ongoing evaluations of Binance's compliance efforts.
Binance has resumed enabling its users to purchase cryptocurrencies, including XRP, SHIB, and others, using Mastercard's cards. This development comes after Mastercard's decision to lift the temporary suspension that had been in place since August 2023. Mastercard resumed its services on Binance after a comprehensive review of the enhanced controls and processes implemented by Binance.
