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 sad to see eu slicing their users off from one of the best liquidity on the planet. 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 cease of their nations from july 1 after failing to safe authorization anyplace within the bloc before the deadline.

Properly 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 protection and that dropping it is a internet loss for eu users whatever the compliance question.

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

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

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