Binance cooperated with the German asset management company CM-Equity to expand the European market. According to the announcement, according to the announcement, through this cooperation, Binance users in Europe can use the services of CM-Equities to trade “more encrypted assets and other financial products”, but no detailed information on related assets and financial products is provided. CM-Equity is a German asset management and brokerage company approved by the German Financial Supervisory Authority (BaFin). Chain Wen previously reported that Binance announced earlier this month that it will launch encrypted debit cards for users in Europe and the UK, allowing users to pay for goods and services in an encrypted manner. According to the official introduction, the card is supported by Swipe, allowing users to use cryptocurrency at any merchant that supports Visa payment.