Payment Processor Checkout Drops Binance Over Money Laundering, Compliance Concerns

Checkout.com, the London-based credit card processing company that ballooned its business model by servicing billions in crypto transactions for Binance clients, cut short its contract with the crypto giant this week, Forbes reported Friday. From the report: In a pair of letters sent to Binance on August 9 and 11, Checkout CEO Guillaume Pousaz terminated the company's relationship with its once-largest customer citing "reports of regulators actions and orders in relevant jurisdictions" and "inqu