Cointelegraph has confirmed via an email from a Binance spokesperson that Binance Connect, the regulated cryptocurrency trading and selling department of Binance, will be closed on August 16. On the same day, decentralized BNB Chain exchange Biswap tweeted that Binance "made a difficult decision to disable Binance Connect on August 15 due to the closure of the supported card payment service by its provider."
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Binance Connect will shut down on August 16
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