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 users off from one of the best liquidity on the earth. Liquidity is the most effective shopper protection. Hope to see issues change in the future."

This comes days after binance withdrew its greek mica software and commenced notifying eu customers that crypto providers will stop of their nations from july 1 after failing to secure authorization anyplace in 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 requirements and accountable management before 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 whatever the compliance query.

He doesnt tackle why the licence truly stalled though ,reviews point out greek , irish, and latvian regulators raised considerations particularly about binance’s past legal history and corporate construction.

In the meantime platforms that built clear 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 beyond the overall we'll contact you messaging and tbh i actually need this to tug off?