Binance will stop debit card service in Europe
Cryptocurrency exchange Binance announced that it will cease issuing and servicing its Visa debit card in the European Economic Area.
Owners of physical or virtual Binance Visas will be able to use them until December 20, 2023. The reissue can be ordered until December 6th.
The changes will also affect cards of Ukrainian refugees. The company offers Binance Pay as an alternative.
Binance Card launched in spring 2020. It allowed users to make purchases in Bitcoin and BNB at 46 million merchants in 200 countries. In September of the same year, Binance Visa cards became available in Europe.
