Binance Secures New EUR Partners After Paysafe Halt; Faces Ongoing Regulatory Pressure

Binance says it has signed agreements with new regulated and authorized fiat partners to provide EUR services for European users.

Services include EUR deposits/withdrawals via SEPA, EUR trading pairs, and buying/selling crypto with EUR, bank cards or fiat balances.

Announcement follows Paysafe halting services for Binance users in September; some users unable to withdraw EUR before deadline.

Binance facing regulatory pressure and lawsuits in various jurisdictions; several executives have exited company/affiliates this year.

CEO of Binance's Lithuanian fiat payments subsidiary Bifinity stepped down on Thursday.