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Mastercard and Binance scrap crypto partnership

After just one year of operation, Mastercard and Binance's crypto debit card is no more.

Daniel Lanyon
Crypto

Pexels

Mastercard and Binance have ended a partnership providing crypto card programmes. 

The two firms have operated a co-branded debit card, which allows users to spend cryptocurrencies via a physical debit card in LatAm and the Middle Eastern markets.

The deal, according to Reuters, has now ended with no explanation provided by either company.

It comes just eight months after launching the service in Brazil and one year after it launched in Argentina.

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