Binance Pulls the Shutter Down on Its Fiat-to-Crypto Platform Binance Connect a Year After Launch
Binance, facing scrutiny from the US Securities and Exchange Commission (SEC), is implementing measures to reorganize its business strategies. In a recent move, the crypto exchange has reportedly shut down its fiat-to-crypto platform, Binance Connect, on Wednesday. The platform, which was launched in March 2022, aimed to enable retailers to accept payments in cryptocurrencies. Binance …