Odaily Planet Daily News Binance France recommended that its customers immediately convert all fiat currencies they hold on the exchange into cryptocurrencies after losing its euro banking partner Paysafe, an executive told local media.
The partnership between Binance France and Paysafe expires on September 25. The latter provides Binance’s French subsidiary with infrastructure support for euro deposits and withdrawals via SEPA bank transfers. The end of the partnership was announced in late June, but Binance France has still not found a new partner.
A spokesperson for Binance France said: “Binance France is onboarding new partners as quickly as possible and will release updates in the near future.” (Cointelegraph)