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Binance Connect shutting down on August 16

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Binance Join, the regulated buy-and-sell crypto arm of Binance alternate, will shut down on August 16. Cointelegraph confirmed on August 15 through an e-mail with a Binance spokesperson. 

The identical day, BNB Chain decentralized alternate Biswap tweeted that Binance “has made a tough choice to disable Binance Join on 15 August because of its supplier closing the supporting card funds service.” The Binance spokesperson said: 

“At Binance, we periodically overview our services and products to make sure that our sources proceed to be targeted on core efforts that align with our long-term technique. Within the final six years, Binance has grown from being an alternate to a world blockchain ecosystem with a number of enterprise strains. We constantly adapt and modify our enterprise strategy in response to altering market and person wants.”

It is a growing story, and additional data might be added because it turns into accessible.