CZ just weighed in on the EU/MiCA situation: "Sad to see EU cutting their users off from the best liquidity in the world.

CZ posted this on X this morning that “its unhappy to see eu slicing their customers off from the most effective liquidity on the earth. Liquidity is the most effective shopper protection. Hope to see issues change sooner or later."

This comes days after binance withdrew its greek mica software and commenced notifying eu users that crypto providers will stop of their nations from july 1 after failing to safe authorization anyplace within the bloc before the deadline.

Properly this reverses the standard argument,the eu's position has been that mica protects shoppers by requiring verified compliance, custody standards and accountable management before a platform can serve shoppers. CZ is arguing entry to deep liquidity is itself a form of safety and that dropping it's a internet loss for eu customers regardless of the compliance question.

He doesnt handle why the licence truly stalled although ,reviews point out greek , irish, and latvian regulators raised considerations specifically about binance’s past legal historical past and corporate structure.

Meanwhile platforms that built clear compliance data from day one didnt have this drawback. Bitpanda, Kraken and Coinbase already maintain EU licences.

Has anyone gotten more particular steerage from binance past the overall we'll contact you messaging and tbh i actually need this to tug off?