Binance’s MiCA fight raises questions over ECB influence
CoinTelegraph·
60-second summary
Binance's fight against MiCA rules raises questions over ECB influence, with lawyers stating that the regulations do not bar the European Central Bank from communicating with national regulators during the application process, despite crypto licensing decisions remaining with member states, potentially altering the landscape for European crypto companies and investors.
Lawyers say MiCA rules do not bar the European Central Bank from communicating with national regulators during the application process, though crypto licensing decisions remain with member states.