Paysafe Payment Solutions Ltd, the European banking partner of Binance, is reportedly ending its support for the cryptocurrency exchange from 25 September. Binance’s spokesperson said the exchange will seek a new service provider to handle Euro deposits and withdrawals via the Single Euro Payments Area (SEPA). The news comes in the midst of escalating regulatory scrutiny from the US Securities and Exchange Commission (SEC) against the exchange. Previously, Binance and Paysafe had partnered to provide sterling deposit services via Faster Payments.
Source: https://www.reuters.com
