Binance to close affected EU accounts on Dec. 31, fees start Nov. 29

A political and economic union of European countries with a single market, shared laws in many areas and, for many members, the euro.

EU rules on trade, technology and competition affect companies and people far beyond Europe.

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.