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Mastercard to end crypto partnership with Binance

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The announcement comes amid consistent low cryptocurrency prices and heightened scrutiny of the industry

Global payment giant Mastercard and cryptocurrency exchange Binance are set to discontinue their collaboration on crypto card programs across four countries—Argentina, Brazil, Colombia, and Bahrain—effective September 22, as reported by Reuters.

Binance’s crypto cards enable users to conduct transactions in traditional currencies using funds from their cryptocurrency holdings on the exchange.

Mastercard’s website also outlines partnerships with other crypto exchanges like Gemini. The decision, however, will not impact Mastercard’s other ongoing crypto card initiatives, as clarified by a spokesperson.

Facing ongoing legal and regulatory hurdles, Binance and its CEO Changpeng Zhao were sued by U.S. regulators in June for alleged deceptive practices. In response, Binance vowed a robust defence.

Despite this development, Mastercard’s commitment to forging partnerships with cryptocurrency firms remains.

The company’s head of crypto and blockchain, Raj Dhamodharan, previously emphasised thorough due diligence and continuous monitoring for all card programs.

A statement from Binance’s customer support account on X (formerly Twitter) indicated that the Binance Card would cease to be available for users in Latin America and the Middle East.

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Ticker News is now live on XumoTV and Xfinity across the U.S.

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Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility

Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.

The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.

With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.

The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.

“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.

“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.

Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.

These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.

“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.

Looking Ahead

As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.

“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.

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‘Frank and constructive’ meeting between Harris and Netanyahu

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Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.

Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.

Harris expressed her concerns about the humanitarian situation in Gaza.

She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending

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‘Left wing lunatic’: Trump tears into Kamala Harris in major rally

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Donald Trump is ramping up his attacks on Kamala Harris – his new opponent in the November election. But will it be enough to stop her?