Binance's French subsidiary has not yet found a new banking partner

ChainCatcher news, according to Cointelegraph, a spokesperson for Binance's French subsidiary confirmed to French radio that the subsidiary has advised users to convert their fiat currency on the platform to cryptocurrency as soon as possible. The spokesperson stated that Binance's French subsidiary is working to onboard new partners as quickly as possible and will release the latest news in the near future.

The partnership between Binance's French subsidiary and Paysafe ended on September 25. Paysafe had previously provided infrastructure support for euro deposits and withdrawals via SEPA bank transfers.