Checkout has refused to work with Binance over money laundering concerns

Checkout has refused to work with Binance over money laundering concerns
Photo by Simon Kadula / Unsplash

UK-based credit card company Checkout has refused to partner with crypto exchange Binance.

The termination of the partnership is due to "reports of regulatory actions and orders in relevant jurisdictions" and "enquiries from partners".

It also mentioned additional concerns related to money laundering and sanctions against Binance.