[tgsovlerkhgsel]

What does this move mean for European users?

Is it a no-op? Does it increase safety of fiat and/or crypto deposits, or increase e.g. the risk that you'll be forced to lock an account for months to comply with some banking laws?

[jeremyrwelch]

Most customers, including those in Europe, shouldn't see any noticeable change. The longterm improvements customers will see is for more/better funding options (for everyone) and new banking products (for some regions).