Following Visa and Mastercard's termination of partnerships with Binance a couple of months ago, the world's largest cryptocurrency trading platform is now ceasing service of its Visa debit card in the European Economic Area (EEA). On December 20, 2023, Binance will discontinue its Visa debit card services in the European Economic Area (EEA), according to an announcement in a blog post. Binance initially introduced its Visa debit card in the EEA in September 2020, with plans to expand to Russia and potentially the United States. The discontinuation of Binance's Visa debit card services in the EEA will also affect the Ukrainian Refugee Crypto Cards program, which was designed for verified refugees.
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