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JUST IN: NOT ALL the residents of the EU will have their account restricted on @binance after 1st of July.
Only those residing in a jurisdiction where Binance is providing services through a local registered entity, like in France, Italy, Spain, Poland, Belgium or Sweden.
THE REST of the countries should be ok for now, at least according to their customer support.
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.@binance has been going through the MiCA licensing process in Greece for around 18 months.
The application was reviewed by the Greek regulator, HCMC, and was considered compliant with MiCA requirements. It was also reviewed at ESMA level.
Still, a final formal decision has not been reached yet.
Europe has a real chance to lead in digital assets.
But for that to happen, MiCA needs to be fair, clear, and applied the same way across all EU countries.
For users, Binance said that you can continue to access, withdraw, and manage your Binance account. Assets remain secure and accessible.
Binance also remains committed to Europe, its users, and operating in compliance with applicable law.
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Binance is dedicated to Europe.
We are committed to our European users and to operating under a clear, fair, and harmonised MiCA framework. We are dedicated to securing our MiCA licence and remain ready to operate under a fair, predictable, and genuinely harmonised European framework.
We will continue to keep users updated as we make progress.
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