London's credit card processing firm, Checkout.com, which expanded its operations by facilitating numerous crypto transactions for Binance clientele, has unexpectedly terminated its contract with the crypto behemoth, according to information obtained by Forbes. CEO Guillaume Pousaz of Checkout.com conveyed the decision through a sequence of letters dated August 9 and 11, directed at Binance. The termination was attributed to factors such as "reports of regulators actions and orders in relevant jurisdictions" and "inquiries from partners," as stated in the initial letter. A subsequent letter, sent just two days after the first and disclosed to Forbes, cited additional concerns encompassing Binance's anti-money laundering protocols, compliance controls, and sanctions adherence. This led to the final termination date set for August 17. A spokesperson for Checkout, Lewis Jones, confirmed the termination of their partnership with Binance to Forbes. In response, B...