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 <p class="is-style-lead">Binance France has <a rel="dofollow" title="temporarily" href="https://thebittimes.com/tag/temporarily.html">temporarily</a> extended its collaboration with Paysafe. The <a rel="dofollow" title="partnership" href="https://thebittimes.com/tag/partnership.html">partnership</a>, which was supposed to end on Sep. 25, has been prolonged to ensure smooth operations. Binance France clients are now urged to convert their fiat balances to crypto.</p> 
 <p>In June, Binance&nbsp;said&nbsp;it was working with Paysafe, the global payment solutions provider, to implement an orderly and fair process to terminate this service over the next few months.</p> 
 <p>In the Sep. 26&nbsp;update, a Binance France spokesperson said the exchange had negotiated more time for clients and would provide another update on the timeline as soon as possible.</p> 
 <p>However, as the <a rel="dofollow" title="partnership" href="https://thebittimes.com/tag/partnership.html">partnership</a> ends, Binance may require users to provide additional information as part of standard compliance checks.</p> 
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 <p>The announcement comes just over a month after Binance customers in Europe reported issues with fiat withdrawals via the Single Euro Payments Area (SEPA).&nbsp;</p> 
 <p>SEPA transfers, which are relatively cheaper and faster, were available as one of two methods for withdrawals and deposits.&nbsp;</p> 
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 <p>Binance had also faced regulatory pressures in Belgium earlier this year, although it has since&nbsp;resumed operations.&nbsp;</p> 
 <p>In the United States, Binance has been sued by the Securities and Exchange Commission (SEC) for alleged violation of securities law.&nbsp;</p> 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Breaking: Binance pulls out of Russia, selling local subsidiary to CommEx 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/binance-france-temporarily-expands-partnership-with-paysafe-tbt64218.html">https://thebittimes.com/binance-france-temporarily-expands-partnership-with-paysafe-tbt64218.html</a></p>

Binance France temporarily expands partnership with Paysafe

TheBitTimes

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