Binance: 70% of EU Withdrawals Fled to Self-Custody
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Since July 1, Binance stopped offering services and trading cryptocurrencies in the EU because he did not have the MiCA license. According to a study of the crypto platform (the...
Binance CEO Says 70% of EU Crypto Withdrawals Shifted to Self-Custody After MiCA Deadline
Most European users who withdrew assets from Binance after its EU service suspension chose self-custody instead of regulated exchanges. Binance co-CEO Richard Teng said roughly 70% of withdrawals moved into private wallets, while only 30% reached MiCA-licensed trading platforms. The trend suggests many users prioritized direct control over their digital assets despite the European Union’s push for stronger oversight under its Markets in Crypto-…
According to Binance CEO Richard Teng, 70% of the funds withdrawn by European users from the platform would have been sent to self-hosted Wallets following the shutdown of its services within the European Union. Is this a real statistic or a simple communication call from the crypto giant? L的article In reaction to MiCA, 70% of Binance users would have withdrawn their funds to self-hosted Wallets first appeared on Cryptoast.
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