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 slicing their customers off from one of the best liquidity on the planet. 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 stop of their nations from july 1 after failing to safe authorization anyplace within the bloc earlier than the deadline.

Nicely this reverses the standard argument,the eu's position 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 type of safety and that dropping it is a internet loss for eu customers regardless of the compliance question.

He doesnt tackle why the licence truly stalled although ,reviews indicate greek , irish, and latvian regulators raised considerations particularly about binance’s previous authorized history and corporate structure.

Meanwhile platforms that constructed clear compliance data from day one didnt have this drawback. Bitpanda, Kraken and Coinbase already maintain EU licences.

Has anybody gotten more particular steerage from binance beyond the overall we'll contact you messaging and tbh i actually need this to tug off?