Binance Needs to Get Off Twitter – CoinDesk

You’d think Binance has enough going on that it’d avoid problems of its own doing. Like mistakenly announcing on social media that euro transactions are no longer available. And yet, on Monday, the world’s largest cryptocurrency exchange caused a bit of chaos after just such a corporate communications flub.To clear everything up: no, Binance did not lose the ability to transact in Europe. Paysafe Payment Solutions, Binance’s banking partner in the area, confirmed that withdraws and deposits conducted in the Single Euro Payments Area (SEPA) will be available until Sept. 25, the original date it gave after announcing in June it would drop the global exchange as a customer following a “strategic review.”This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here.The bank was mopping up Binance’s mess, and may now feel even more justified in leaving Binance high and dry. Mistakes happen – X (RIP Twitter) is basically only interesting because people say regrettable things everyday – though this particular misstatement likely couldn’t come at a more inopportune time for Binance.Binance, although it retracted its statement, essentially said what
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