Binance suspends SEPA euro payments

In an email sent to users on Tuesday, the company announced that it will not be able to fund its accounts through SEPA starting at 8:00 UTC on Wednesday.

The company explained its decision with " events beyond its control "and called it"temporary". The exchange usually uses an intermediary to process payments through SEPA.

Recently, Binance has also disabled the ability to fund accounts through Faster Payments in the UK, and Barclays Bank has banned UK customers from transferring payments to the exchange from the debit and credit cards it serves.