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The put up Checkout Terminates Contract with Binance Over AML Issues! appeared first on Coinpedia Fintech Information
Checkout.com, a bank card processing firm primarily based in London, terminated its contract with cryptocurrency trade Binance on August 17 because of considerations over anti-money laundering and regulatory compliance. Over the previous few months, Checkout.com has processed $300 million to $400 million value of Binance transactions. Binance has expressed disagreement with Checkout.com’s reasoning for ending the contract and is now contemplating authorized motion because of this. This transfer by Checkout.com is the most recent push for elevated regulatory compliance amongst cryptocurrency exchanges.
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