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 <p class="is-style-lead">In an Oct. 19 post, Binance shares the news of its growing European presence by collaborating with multiple regulated fiat partners to offer EUR services.&nbsp;</p>
 <p>This initiative has already commenced with users being transitioned to the new services.</p>
 <h2 class="wp-block-heading" id="new-partners">New partners</h2>
 <p>These new fiat partners are providing a range of services to our users, such as EUR deposit and withdrawal through Open Banking and SEPA/SEPA Instant, as well as buying and selling cryptocurrencies using SEPA/SEPA Instant, bank cards, fiat balances, and offering EUR spot pairs for all users.</p>
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    <p lang="en" dir="ltr">More EUR fiat <a rel="noopener noreferrer nofollow" title="channels" href="https://thebittimes.com/tag/channels.html">channels</a> have arrived on #Binance<br><br>We’re proud to <a rel="noopener noreferrer nofollow" title="announce" href="https://thebittimes.com/tag/announce.html">announce</a> that we’ve entered into agreements with multiple new EUR partners to provide deposit, withdrawal, and payment services, making your experience even more seamless.<br><br>Find out more https://t.co/jKh2QxH3sN</p>— Binance (@binance) October 19, 2023
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 <p>For centralized exchanges, the establishment of these fiat “on-ramps” and “off-ramps” is said to play a pivotal role in enhancing the user experience and facilitating access to Web3 ecosystems for both newcomers and experienced crypto enthusiasts.</p>
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 <p>However,&nbsp;the <a rel="noopener noreferrer nofollow" title="announce" href="https://thebittimes.com/tag/announce.html">announce</a>ment&nbsp;does not specify who these new partners are.</p>
 <h2 class="wp-block-heading" id="maintaining-compliance">Maintaining compliance</h2>
 <p>The news comes just one day after Stéphanie Cabossioras’ resignation as managing director of Binance’s French operations adds to a string of prominent departures amidst increasing regulatory scrutiny.&nbsp;</p>
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 <p>As a result, critics of the company are saying that this may be the beginning of the end for Binance.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Binance US alters FDIC Coverage for crypto deposits
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/binance-announces-more-eur-fiat-channels-tbt67028.html">https://thebittimes.com/binance-announces-more-eur-fiat-channels-tbt67028.html</a></p>

Binance announces more EUR fiat channels

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