Binance Rolls Out Apple Pay and Google Pay for Euro Deposits

Crypto exchange Binance has integrated Apple Pay and
Google Pay as payment methods for EUR deposits. According to the exchange, this update allows users to
deposit funds directly from their stored credit or debit cards. The new feature is reportedly available across the Binance
website and mobile app.

Bringing Crypto Closer to Everyday Transactions

Instead of manually entering card details, users can select their preferred digital wallet and complete the transaction, the exchange explained, adding that the integration of digital wallet payment methods marks another step
toward bridging the gap between traditional finance and crypto.

This update aligns with Binance’s broader efforts to
improve accessibility and ease of use in the crypto space. Apple Pay and Google
Pay are widely used for everyday transactions, and their integration with
Binance simplifies entering the crypto market.

By offering more ways to fund accounts effortlessly,
Binance continues to enhance its platform, making crypto trading more
accessible to both new and experienced users.

Binance Aligns Operations with New Regulations

More cryptocurrency exchange is streamlining their operations to align with the Markets in Crypto-Assets regulation. Early this month, Binance announced plans to delist several stablecoins in the European Economic Area (EEA) to comply with the new regulatory guidelines. The exchange’s planned delisting of the digital assets will reportedly commence by the end of the month.

Meanwhile, reports recently emerged that was engaging
in discussions with the Trump family about a potential investment in its U.S. arm, according to the Wall Street Journal. But the exchange was quick to deny
the allegations. The company’s Former CEO Changpeng Zhao dismissed the
claims, saying: “I have had no discussions of a Binance US deal with … well,
anyone.”

This article was written by Jared Kirui at www.financemagnates.com.
Credit: Source link

Leave A Reply

Your email address will not be published.