Binance's MiCA Application Claims Political Interference
CZ, the founder of Binance, asserts that the exchange's application for the EU MiCA was nearly approved before facing political obstacles.
Editorial Staff
1 min read
Updated about 20 hours ago
Binance founder CZ has stated that the exchange's application for the EU's Markets in Crypto-Assets (MiCA) regulation was on the verge of approval.
According to CZ, the application was deemed 'fully compliant' prior to the intervention of unspecified political forces.
The comments highlight ongoing tensions within the regulatory landscape for cryptocurrency in Europe.