🧾 Expanding Crypto Payments in Europe 🇪🇺
🚨Binance Pay, a payment solution from Binance, partners with xMoney to enhance crypto payments in Europe. The collaboration, announced on February 3, 2025, allows Binance Pay to utilize xMoney's MiCA license to enable crypto payments for over 20,000 businesses. With xMoney integration, Binance Pay now supports more than 32,000 merchants, a significant increase from 12,000 in Dec. 2024. Users can now use Binance Pay on xMoney for faster and safer transactions with over 90 cryptocurrencies. This partnership opens doors for crypto payments in various sectors like e-commerce, luxury goods, and travel. xMoney's expanding merchant network includes notable clients like the City of Lugano and the National Administration of Liechtenstein. By complying with EU's MiCA, the collaboration aims to further grow the user base. Jonathan Lim, Binance Pay's global head, highlights the importance of this partnership in mainstream adoption of crypto for everyday transactions, emphasizing the benefits of blockchain technology for users and businesses.
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