{"id":387646,"date":"2021-12-30T18:14:21","date_gmt":"2021-12-30T15:14:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/binance-to-finalize-acquisition-of-swipe-paving-for-ceo-exit\/"},"modified":"2021-12-30T18:14:21","modified_gmt":"2021-12-30T15:14:21","slug":"binance-to-finalize-acquisition-of-swipe-paving-for-ceo-exit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/binance-to-finalize-acquisition-of-swipe-paving-for-ceo-exit\/","title":{"rendered":"# Binance to finalize acquisition of Swipe, paving for CEO exit"},"content":{"rendered":"<p>&#8220;<strong># Binance to finalize acquisition of Swipe, paving for CEO exit  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvNTdlZjVmZmYtMjg3NS00NmVmLWIzYzctNDUxNTk3NWJkMTZjLmpwZWc=.jpeg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Binance, the world&#8217;s largest cryptocurrency exchange, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/efa96d9a856f4620b2fa6e372edbe290\" data-amp=\"https:\/\/www-binance-com.cdn.ampproject.org\/c\/s\/www.binance.com\/en\/amp\/support\/announcement\/efa96d9a856f4620b2fa6e372edbe290\">announced<\/a> Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users of Binance will be able to spend their coins at over 70 million locations worldwide as a result of the acquisition.<\/p>\n<p>On July 6, 2020, Binance initially announced the purchase of a majority stake in Swipe, stating that the new collaboration would help to further advance cryptocurrency adoption by bridging fiat and digital assets. Binance&#8217;s acquisition of Swipe will allow it to compete with other retail crypto providers like PayPal and Mastercard that provide similar cryptocurrency-related services.<\/p>\n<p>According to the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>, Swipe has been identified as Binance&#8217;s card program manager and technological platform. Swipe also collaborates with important partners to issue cards in authorized zones and markets.\u00a0<\/p>\n<p>Swipe&#8217;s current CEO, Joselito Lizarondo, will step down once the acquisition is finalized, Binance confirmed.\u00a0<\/p>\n<p>Although Binance has been embroiled in regulatory controversy this year, it hasn&#8217;t stopped the company from growing its presence through new acquisitions and expanding its services to new markets. More recently, the crypto exchange was <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roved for an in-principle license by Bahrain&#8217;s central bank to operate as a crypto asset service provider, as well as a cryptocurrency financing license in Canada as Binance Canada Capital Market.<\/p>\n<p><strong><em>Related:\u00a0Binance introduces BNB Auto-Burn to replace quarterly burn protocol<\/em><\/strong><\/p>\n<p>In November, Binance CEO Changpeng Zhao revealed in a conversation with French Minister C\u00e9dric O that the exchange is establishing a $115 million initiative to increase blockchain and cryptocurrency <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> across France and Europe. The cryptocurrency exchange recently partnered with the World Trade Center in Dubai to help the region develop into a global crypto trading center.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/binance-to-finalize-acquisition-of-swipe-paving-for-ceo-exit\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Binance to finalize acquisition of Swipe, paving for CEO exit &#8221; Binance, the world&#8217;s largest cryptocurrency exchange, announced Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users of Binance will be able to spend their coins at over 70 million locations worldwide as a result&#8230;<\/p>\n","protected":false},"author":1,"featured_media":387647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvNTdlZjVmZmYtMjg3NS00NmVmLWIzYzctNDUxNTk3NWJkMTZjLmpwZWc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75014,82369,77423,77456,117,78807],"class_list":["post-387646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-binance","tag-crypto-credit-card","tag-mastercard","tag-visa","tag-business","tag-credit-cards"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/387646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=387646"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/387646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/387647"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=387646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=387646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=387646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}