EUR trading accounts for 1% of Binance spot volume, CryptoQuant says

CoinTelegraph·

EUR trading accounts for 1% of Binance spot volume, CryptoQuant says

60-second summary

Binance's Euro-denominated trading accounts for approximately 1% of its spot volume, CryptoQuant data shows, amidst uncertainty surrounding the July 1 MiCA deadline. This relatively low share may be due to regulatory compliance concerns, potentially limiting Binance's European market participation. The exchange's Euro trading volume remains a fraction of its overall volume, affecting its market presence.

Euro-denominated trading accounts for around 1% of Binance's spot volume, according to CryptoQuant data, as the exchange faces uncertainty ahead of MiCA's July 1 deadline.