Binance is raising :After quadrupling its number of users since the beginning of the year, the second largest exchange platform of Cryptos announces the arrival of exchange pairs in euros this year.
Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Even if the addition of the European currency is going to attract investors who want to use their euros directly, this might scare some others.
Also the introduction by binance of trading via fiduciary currencies will subject the company to a series of regulations that could discourage those who, among its current users, prefer to trade anonymously.
More info :
https://www.ccn.com/binance-has-quadrupled-its-user-base-since-january-will-launch-eur-pairs/Not sure if I'm missing something here but why would the addition of Euros scare anyone? It's a choice of the user whether or not they want to trade using euros, so I don't think those who don't want to have any issue with it. I see this change only having a positive impact for Binance, likely raising their daily trading volume from the slouch that has been evident recently.
I think this change might actually push the price of BNB up especially considering how much more you can trade for with it if euros come into play.