Binance’s European banking partner Paysafe Payment Solutions Ltd., will stop supporting the U.S. cryptocurrency exchange on Sept. 25, CoinDesk reported Wednesday.
Binance’s representative said Paysafe would be replaced by SEPA providers for euro deposits and withdrawals.
Binance uses SEPA intermediates. Neither Paysafe nor Binance responded to Reuters.
Money laundering authorities are examining Binance.
Binance and its U.S. partner negotiated a deal with the SEC earlier this month to retain U.S. customer assets in the country until a large lawsuit is resolved.
Binance partnered with Paysafe to allow Faster Payments deposits last year.
