Binance crypto exchange has just expanded its Euro payment options. In a recent blog post, the Binance team announced that they’ve signed agreements with new fiat partners to offer a range of Euro-related services.
These services include making Euro deposits and withdrawals through the Single Euro Payments Area (SEPA) network, trading Euro pairs, and buying and selling crypto via SEPA, bank cards, and fiat balances.
While Binance hasn’t disclosed the names of these new partners, a Binance spokesperson said that they are collaborating with many partners across Europe, including TrueLayer, Nuvei, and several card acquirers.
This move comes after Binance’s former Euro banking partner, Paysafe Payment Solutions, stopped supporting the exchange in September.
Binance has also been dealing with regulatory challenges in the United States, facing lawsuits from both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC).
Mohammad Ali is a fintech and cryptocurrency writer who has been covering the intersection of finance and technology for several years. Ali has a deep understanding of the financial industry and the ways in which technology is changing it, with a special focus on the rise of digital currencies and blockchain technology.
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