Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network – Exchanges Bitcoin News

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Binance has partnered with Paysafe to resume allowing EUR deposits and withdrawals via the SEPA payment network. crypto bitcoin cryptocurrency

“The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted.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 . “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. BinanceThe cryptocurrency exchange has been facing scrutiny in a number of jurisdictions worldwide, including

 

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Despite the criticisms that Binance is getting regarding regulations, Binance is doing whatever it can to partner with nations and platforms to expand and bring innovation to the company. Binance is the largest CEX by transaction volume and it's working hard to remain on top

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