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Binance loses another corporate partner as Checkout.com severs ties

London-based credit card payment processor Checkout.com has severed ties with Binance, the world’s largest cryptocurrency exchange, according to a spokesperson. The termination, which came through two letters sent earlier this month, was revealed in a report from Forbes and later confirmed by TechCrunch. Checkout.com, valued at $40 billion as of January 2022, cited concerns stemming from “reports of regulators actions and orders in relevant jurisdictions” as well as “inquiries from partners” as reasons for the termination. In a response to the termination, Binance expressed disagreement with Checkout.com’s claims and is currently “considering our options for legal action.”


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