Binance terminates five-year partnership with the Argentine Football Association due to breach of contract

ChainCatcher news, Binance has terminated its five-year partnership with the Argentine Football Association (AFA) due to breach of contract. "We regularly assess the results of our partnerships around the world, and unfortunately, despite providing AFA with time and opportunities, AFA has not fully met its contractual obligations, which contradicts our business values and partnership principles."

Previously, in January 2022, Binance became the main sponsor of the Argentine national football team and entered into a five-year agreement to be the title sponsor of its national football league.