Morning Edition · Friday, July 10, 2026Published at 1:23 AM EDT · New York
Binance Chief Says 70 Percent of EU Withdrawals Moved to Self-Hosted Wallets
Richard Teng's figure suggests European users are leaving regulated platforms as the bloc's licensing regime tightens.
Binance Chief Executive Richard Teng said 70 percent of withdrawals by European Union users moved to self-hosted wallets rather than to platforms regulated under the Markets in Crypto-Assets (MiCA) framework, according to Watcher Guru. As c…
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Regulatory Perimeter for Crypto Hardens in EU and US
Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.
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