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Binance.US looks to crypto startup MoonPay as alternative after US banks cut ties

The access to MoonPay would provide an alternative way for Binance.US’s users to convert dollars to crypto: they will be able use their debit or credit cards, Apple Pay or Google Pay to buy Tethers, and then use those stablecoins to buy the other crypto tokens still available on the platform. 

“We obviously perform KYC; we follow all the regulatory rules across every single jurisdiction in which we operate, and so we can make it easy for them to top up their wallets,” he said.

Tags

banking, crypto