CZ just weighed in on the EU/MiCA situation: "Sad to see EU cutting their users off from the best liquidity in the world.

CZ posted this on X this morning that “its unhappy to see eu chopping their users off from one of the best liquidity on the earth. Liquidity is one of the best shopper safety. Hope to see things change in the future."

This comes days after binance withdrew its greek mica software and commenced notifying eu users that crypto providers will cease of their nations from july 1 after failing to secure authorization anyplace within the bloc before the deadline.

Nicely this reverses the standard argument,the eu's place has been that mica protects shoppers by requiring verified compliance, custody standards and accountable administration earlier than a platform can serve shoppers. CZ is arguing entry to deep liquidity is itself a form of safety and that dropping it's a internet loss for eu users regardless of the compliance question.

He doesnt handle why the licence truly stalled although ,stories point out greek , irish, and latvian regulators raised considerations specifically about binance’s past legal history and corporate structure.

In the meantime platforms that built clean compliance data from day one didnt have this drawback. Bitpanda, Kraken and Coinbase already maintain EU licences.

Has anyone gotten extra specific steerage from binance past the overall we'll contact you messaging and tbh i actually need this to tug off?