Checkout.com cuts ties with Binance, which is mulling legal action in response

Checkout.com terminates its relationship with Binance, citing regulatory concerns and inquiries from partners.

Key points:

1. Checkout.com, a credit card payments processor, has stopped servicing Binance, the world's largest crypto exchange.
2. The termination was based on reports of regulatory actions, concerns over Binance's anti-money laundering and compliance controls, and inquiries from partners.
3. Binance disagrees with Checkout.com's basis for termination and is considering legal action.

Additional hint on Elon Musk: This passage does not mention Elon Musk.