A year and a half after purchasing the majority of Swipe shares, Binance has announced the acquisition of the outstanding shares.
The world’s leading digital asset exchange has agreed to acquire the outstanding shares of the cryptocurrency visa card issuer – Swipe. After finalizing the deal, the latter’s CEO will step down and leave Binance.back in July 2020 when Binance purchased the majority of shares of the Visa card issuing platform Swipe.
The company promised to enhance its Visa card program as it works together with Swipe to resolve any regulatory hurdles that could come up when launching crypto-focused cards.
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