Probably contractual stuff. multi-year contracts. no way you'd enter into a long term finance offering without guarantees it'll still be a thing in 5 years.

Probably contractual stuff. multi-year contracts. no way you'd enter into a long term finance offering without guarantees it'll still be a thing in 5 years. Either the contracts expired or they reached a situation where they could break it. ninja edit: looks like further down someone made the point that the Russians were using Binanace to move cash with BTC, which violated sanctions. Mastercard is at risk of violating those sanctions and it sounds like they just tapped out rather then risking staying in crypto.