Binance Ending Visa Card Services in Europe Amid Regulatory Headwinds

Binance shutting down its Visa debit card services in European Economic Area on Dec. 20th.

Card issuer Contis Financial Services stopping issuance of Binance Visa cards in region.

Card allowed users to convert crypto into fiat to make purchases in stores/online.

Comes after Mastercard ended partnership with Binance in Latin America and Bahrain.

Latest setback for Binance, which lost euro deposits/withdrawals and UK onboarding due to regulatory issues.