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Bold Move: Payment Processor Checkout Terminates Partnership With Binance!
Checkout.com, an FCA-regulated e-Money Institution (EMI) and credit card processing company terminated its contract with crypto exchange Binance due to mounting regulatory concerns and inquiries regarding Binance's operations, Forbes reported. This bold move comes although Binance significantly contributed to its growth and valuation. Checkout also raised questions about the crypto exchange's compliance controls.