Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted.
Binance Resuming SEPA Transfers in Phases
Cryptocurrency exchange Binance announced Wednesday that it has “reopened EUR bank transfer by SEPA.” The company explained:
Binance has partnered with Paysafe to launch the pilot program for EUR deposit and withdrawal via the SEPA payment network, effective 2022-01-26 13:00 (UTC).
“Users are selected based on a range of testing criteria to participate in the pilot program,” Binance added. “The full re-opening of SEPA channels will scale up across the markets in due course.”
A person familiar with the matter told Bloomberg that the rollout will begin in Belgium and Bulgaria, and could potentially be extended to other uses in the weeks ahead. Binance suspended transfers via the single euro payments area (SEPA) i
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