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 customers off from the perfect liquidity on the earth. Liquidity is the perfect shopper protection. Hope to see things change in the future."

This comes days after binance withdrew its greek mica software and commenced notifying eu customers that crypto providers will stop in their nations from july 1 after failing to secure authorization anyplace in the bloc before the deadline.

Properly this reverses the standard argument,the eu's place has been that mica protects shoppers by requiring verified compliance, custody requirements and accountable administration earlier than a platform can serve shoppers. CZ is arguing access to deep liquidity is itself a form of protection and that dropping it is a internet loss for eu customers whatever the compliance query.

He doesnt handle why the licence truly stalled though ,reviews indicate greek , irish, and latvian regulators raised considerations specifically about binance’s previous authorized historical past and corporate construction.

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

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