Binance tells EU users it will no longer provide services after failing to secure MiCA license
CoinDesk·
60-second summary
Binance is notifying EU users that it will suspend certain services, a day after withdrawing its MiCA license application in Greece, claiming it's not leaving Europe. The move affects users across the 27-member EU, with no specific timeline provided. This decision follows Binance's failed bid to secure a MiCA license, impacting the crypto exchange's operations in the region.
A day after withdrawing its MiCA license application in Greece and saying it is ‘not leaving Europe,’ Binance notified users across the European Union that it will suspend some services.