(Binance) Binance’s European users, except those in The Netherlands and Switzerland, can access British pound and euros transactions eight months after the suspension of the service.
The service will allow European account orders to make deposits and withdrawals using the Single Euro Payment Area and Faster Payment Services rails.
Binance announced that new deposits and withdrawals could be made via a partnership with the payment provider Paysafe.
The crypto exchange also said it would expand SEPA bank transfers for its corporate customers, widening the scope from the initial limitation to retail clients.
The company says bank transfers should occur at a minimum of 3 EUR or 3 GBP to cover the costs of the transaction.
The resumed support for GBP and EUR comes after the service was scrapped last year following regulatory issues.
The announcement comes the same day that Binance launched a fiat-to-crypto payments provider, dubbed Bifinity.
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