Binance halts EUR trading for these users Binance will be ch | Crypto Portal

Binance halts EUR trading for these users

Binance will be changing the provider for EUR deposits and withdrawals via Bank Transfer (SEPA). Our current partner, Paysafe, will no longer be providing these services to Binance users from 25 Sept, 2023.

Search for a replacement continues
Binance is actively working to identify a new fiat partner for EUR services. In the meantime, the exchange had temporarily suspended EUR spot trading.

Another challenge for Binance to prehend
This recent development adds to Binance’s regulatory challenges in Europe. During the summer, the exchange announced its exit from the Netherlands due to a lack of regulatory approval.