# 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.

- Published: 2026-07-10T05:23:55.075Z
- Canonical: https://polylog.news/crypto/2026-07-10/binance-chief-says-70-percent-of-eu-withdrawals-moved-to-sel
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news)

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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