The Block (@TheBlockCo): NEW: Binance co-CEO Richard Teng says 70% of EU user withdrawals moved to self-custodied wallets after the exchange failed to secure MiCA authorizatio…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BNB-40Negative
NEW: Binance co-CEO Richard Teng says 70% of EU user withdrawals moved to self-custodied wallets after the exchange failed to secure MiCA authorization in time. Just 30% of withdrawn funds went to MiCA-regulated platforms, Teng said at Reuters NEXT Asia, questioning whether the regime is meeting its objectives.