Binance risks losing its license in the EU from July 1

The world's largest crypto exchange Binance risks losing the right to provide services to clients from the European Union starting July 1. Sources at Reuters learned that the company's application for a license, filed under the EU's MiCA rules (Markets in Crypto‑Assets Regulation), will be rejected. Under the EU crypto market regulation rules that have entered into force, crypto companies are required to obtain a license meeting MiCA standards by the end of June, […]

Source: CryptoTech