Crypto exchange Binance.US has faced a series of legal and financial challenges as regulators have increased their scrutiny of crypto companies of all kinds. Now it’s teaming up with another embattled crypto firm in an attempt to regain access to a steady flow of dollars.
For more than a month, customers of the crypto exchange have been unable to either deposit or withdraw dollars, a consequence of multiple banking partners cutting ties with the platform. Enter MoonPay, a payment startup that burst into the mainstream consciousness with a series of high-profile brand partnerships focused around nonfungible tokens.
