Checkout.com, a London-based credit card processing firm, has cut ties with Binance due to regulatory concerns and potential money laundering issues. Binance disputes the termination and is considering legal action. Checkout.com cited regulatory actions and compliance concerns as reasons for ending the partnership. Binance argues against these claims and assures users that operations remain unaffected. The exchange is currently facing legal challenges from regulators in various countries but remains committed to its long-term strategy.