In an official announcement posted on October 20, Binance disclosed the discontinuation of its Visa debit card services. This groundbreaking move has been a result of a decision by Contis Financial Services, a Lithuanian-based electronic money institution, which serves as the card issuer for Binance’s Visa debit card. In a surprising turn of events, Binance has proclaimed that the platform will shut down its Visa debit card services across the European Economic Area (EEA) from December 20, 2023. The move came as a result of a decision by Contis Financial Services, the card issuer for Binance’s Visa debit card.Till December 20, users can use their existing physical or virtual cards.Binance ceases its Visa debit card services across the European Economic Area (EEA).
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