Existing holders of the European Economic Area card will have access until Dec. 20, as the company revealed in its blog post. Binance accounts of the users will not be affected, but card purchases will not be possible.

The Binance Visa debit card converts crypto in users’ Binance accounts into local currencies, enabling the use of crypto to pay for purchases in stores and online.

Also Read: Legally Tangled Binance Unveils First Likely Choice For Altcoin Listing

The debit card news comes on the heels of Binance looking at new partnerships for euro transactions, which were halted following Paysafe’s decision to stop processing euro deposits for Binance users. 

Benzinga’s Future of Digital Assets conference is scheduled in New York on Nov.14. Attend and learn more about exchanges and their payment options. The gathering is seen as pivotal for the digital assets’ community. The event will spotlight the latest trends, innovations, and challenges in the digital asset realm.

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