Binance Continues EU Onboarding Despite Missing MiCA Licensing Deadline
Despite announcing a wind-down of services in several EU countries due to its failure to obtain a MiCA license, Binance continues to onboard users from nations like Austria, France, and Germany. Reports indicate that the exchange has been verifying new accounts even after the EU's July 1 licensing deadline, raising regulatory concerns.
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Binance Opens New EU Accounts Without MiCA License, Report Finds
A recent report indicates that even after Binance announced it would wind down its services in several EU nations after failing to obtain a MiCA license, the exchange still allows European users in countries such as Austria, France, Germany, Spain and Belgium to register on its platform. Binance Reportedly Still Onboarding Users in the European […]
Binance continues EU onboarding despite missing MiCA licensing deadline: report
Binance has continued opening and verifying new European customer accounts more than seven weeks after the European Union’s July 1 MiCA licensing deadline, despite remaining absent from the bloc’s register of authorized crypto providers. According to a Sandmark report shared…