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Binance Exodus Ahead of EU Deadline

Binance Exodus Ahead of EU Deadline

Published 2 weeks ago
Description

Binance is facing major outflows of over $400 million as EU crypto regulation MiCA looms on July 1st, prompting the exchange to pull its Greek license and urging users to move funds. While OKX sees inflows, Bitget and Bitfinex are leading new user gains. Despite claiming Europe is a small part of their business, Binance vows to keep pushing for MiCA approval — or face forced shutdowns and asset transfers for users without licenses by the deadline.

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