Without specifying the exact names of the firms, the Binance cryptocurrency exchange announced that it had signed agreements with new fiat partners to enable seamless EUR payments including deposits, and withdrawals.
The announcement follows regulatory scrutiny that led to several on and off-ramping service providers like Paysafe ending their business relationship with Binance earlier this year.
Binance cryptocurrency exchange, a leading blockchain-based firm with a vibrant DeFi ecosystem valued at about $2.67 billion and over $5 billion in stablecoins valuation, has announced that the European fiat channels are open for seamless deposits and withdrawals.
According to the announcement, Binance signed several agreements with different fiat partners to enable users to deposit EUR for trading and fast withdrawals. However, the cryptocurrency exchange did not name the specific fiat partners, which seems like a strategic move in its bid to ensure growth in different markets.
As a result,
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