SECURITY Signal 111
Binance reportedly still operates in EU via workarounds after failing to secure MiCA license
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Sources say Binance continues to operate in the EU months after failing to obtain a MiCA license, using workarounds to onboard new customers and reroute trading.
WHY IT MATTERS
This indicates that regulatory enforcement may have gaps, and companies relying on Binance's EU operations face legal uncertainty. Engineers building integrations or relying on Binance's services should be aware of the compliance risks and the possibility of sudden changes.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
01
Binance failed to obtain a MiCA license.
02
It is still operating in the EU months later.
03
It uses workarounds to onboard new customers and reroute trading.
THE CLUSTER
Same story, 1 feed.
Techmeme
Sources: Binance is still operating in the EU months after it failed to get a MiCA license, using workarounds to onboard new customers and reroute its trading (Bloomberg)
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