Binance Secures New EUR Partners After Paysafe Halt; Faces Ongoing Regulatory Pressure
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Binance says it has signed agreements with new regulated and authorized fiat partners to provide EUR services for European users.
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Services include EUR deposits/withdrawals via SEPA, EUR trading pairs, and buying/selling crypto with EUR, bank cards or fiat balances.
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Announcement follows Paysafe halting services for Binance users in September; some users unable to withdraw EUR before deadline.
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Binance facing regulatory pressure and lawsuits in various jurisdictions; several executives have exited company/affiliates this year.
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CEO of Binance's Lithuanian fiat payments subsidiary Bifinity stepped down on Thursday.
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