Mastercard, Binance to end crypto card partnership
https://www.reuters.com/business/finance/mastercard-binance-end-crypto-card-partnership-2023-08-24/
is stopping Binance cards due to U.S. and LATAM regulatory (government regulations) but it seems like this will not impact their other Crypto based card programs - at least short term.
We might see a shift from Crypto currency cards, which carries a fiat and crypto balance and make usually real time transfers at the time of the payment to fiat. What could be another vertical for giant card schemes (MA, VISA, Amex) that will focus on next? I'm seeing a trend towards Buy Now Pay Later, where its easy to get instant approval on installment based payments.
https://www.reuters.com/business/finance/mastercard-binance-end-crypto-card-partnership-2023-08-24/