Today in Crypto: Binance Launches LatAm Payments Card

Cryptocurrency exchange Binance has teamed with Mastercard to launch its Binance Card in Argentina, the first Latin American country to have the product.

See also: Binance Launches First LatAm Payments Card in Argentina

Issued by Credencial Payments, the card lets Binance users in Argentina who have a valid national ID make purchases and pay bills with cryptocurrencies, including bitcoin and BNB, at Mastercard merchants around the world.

Cardholders will be able to manage their cards using the Binance App and website.

Elsewhere in crypto news, cryptocurrency exchange Coinbase is working with asset management giant BlackRock to give its clients direct access to crypto. The partnership is open to institutional clients of Aladdin, BlackRock’s end-to-end investment management platform, who will get access to bitcoin through Coinbase Prime.

See also: Coinbase to Give BlackRock Clients Access to Crypto

Coinbase Prime will provide crypto trading, custody, prime brokerage and reporting capabilities to Aladdin’s institutional clients who are clients of Coinbase as well.

Manwhile, the U.K. has seen its first big legal case against major crypto exchanges, which will go for damages of up to £9.9 billion, a report from Competition Policy International says.

The claim before the Competition Appeal Tribunal is that Bitcoin SV (BSV) holders in the U.K. lost around that much money because of the delisting of BSV by Binance, Bittylicious, Kraken and Shapeshift.

According to the lawsuit, the four exchanges “colluded” to damage BSV’s prospects through the delisting. They allegedly “deliberately” did this and were trying to cut competition with other digital assets.

Kraken and Binance reportedly also caused more damage by forcibly converting BSV to other cryptocurrencies without the consent of investors.

Bitcoin SV is a “full-node implementation” which is trying to restore the original bitcoin protocol as it was by the pseudonymous “Satoshi” in its first form, per data from Crypto.com.

The idea is to keep the coin “both stable and able to massively scale.”

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