Binance will stop its crypto debit card service in Latin America and the Middle East

ChainCatcher news, according to Cointelegraph, Binance will suspend its crypto debit card services in Latin America and the Middle East starting August 25, and will terminate cryptocurrency debit card services in the region on September 21. Binance stated that users can apply for fund refunds before December 20, 2023.

In this regard, Binance did not disclose the specific reasons for the suspension, but stated that it would only affect 1% of users in the aforementioned regions.