Bloomberg reported that as regulatory agencies increase their scrutiny of cryptocurrency companies, many banks have cut off their partnerships with the cryptocurrency exchange Binance.US. Currently, Binance.US is using the cryptocurrency startup MoonPay as an alternative solution. Visiting MoonPay will provide Binance.US users with another way to exchange US dollars for cryptocurrencies: they will be able to use debit cards or credit cards, Apple Pay, or Google Pay to purchase Tether, and then use these stablecoins to purchase other tokens.
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Bloomberg: Binance.US Looks to MoonPay as Alternative to Banking Partners
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