Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere.
Paysafe to Stop Euro Deposits and Withdrawals for Binance
Crypto exchange Binance, the global leader in terms of daily trading volume, will lose access to payments in the common European currency, another setback for its operations on the Old Continent that comes amid regulatory crackdown in various jurisdictions.
“Following a strategic review, we have taken the decision to cease offering our embedded wallet solution to Binance across the region,” its U.K.-based payment processor, Paysafe, said in a statement, quoted by Bloomberg. The company added:
Paysafe and Binance are now working to mutually implement an orderly and fair process to terminate this service over the next few months.
Paysafe will no longer support
We współpracy z: https://news.bitcoin.com/binance-to-lose-euro-transfers-as-paysafe-drops-support/
