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[1/2]A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing Rights
LONDON, Aug 24 (Reuters) – Mastercard (MA.N) and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for Mastercard said via email on Thursday.
The Binance cards allowed users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.
The decision will not impact any of Mastercard’s other crypto card programs, the spokesperson said.
Reporting by Elizabeth Howcroft
Our Standards: The Thomson Reuters Trust Principles.
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