Binance CEO Richard Teng says 70% of EU withdrawals went to self-hosted wallets, not regulated platforms
Covered by 8 sources · 8 articles
8 outlets - including Cointribune, Crypto-economy and Theblock and 5 more - are covering this story. MiCA was supposed to secure European crypto. It may instead accelerate a new movement, that of capital towards decentralized finance. While regulators seek to frame exchanges through authorized players, some users now favor solutions offeri…
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70% Of Binance Withdrawals Move Into Self-Custody Wallets
MiCA was supposed to secure European crypto. It may instead accelerate a new movement, that of capital towards decentralized finance. While regulators seek to frame exchanges through authorized players, some users now favor solutions offeri…
Binance Says 70% of EU Withdrawals Went to Self‑Custody After Service Suspension
Binance suspended its services for affected European Union users after withdrawing its MiCA license application in Greece, ahead of the July 1 transition deadline. According to data shared by Binance co-CEO Richard Teng, 70% of the funds wi…
Binance co-CEO says 70% of EU withdrawals went to self-custody after MiCA deadline, with just 30% going to licensed platforms
Richard Teng said 70% of EU user withdrawals following its service suspension moved to self-custody rather than MiCA-regulated platforms.
Binance CEO: 70% of EU User Withdrawals Moved to Self-Custodied Wallets After MiCA Exit
Binance CEO: 70% of EU withdrawals shifted to self-custody wallets instead of MiCA-compliant platforms, raising doubts about consumer protection goals.
70% EU Withdrawals Went To Self-Hosted Wallets: Binance CEO
Binance found itself in quite a predicament in late June 2026 after it withdrew its MiCA (Markets in…
Binance CEO Says 70% Of EU Withdrawals Went To Self-Custody After MiCA Exit
Binance CEO Richard Teng said 70% of funds withdrawn by European users after the exchange’s MiCA setback moved to self-hosted wallets, while 30% moved to MiCA-regulated platforms. The split puts a hard number on the custody shift that follo…
Binance CEO Says 70% Of EU Withdrawals Went To Self-Custody After MiCA Exit
Binance CEO Richard Teng said 70% of funds withdrawn by European users after the exchange’s MiCA setback moved to self-hosted wallets, while 30% moved to MiCA-regulated platforms. The split puts a hard number on the custody shift that follo…
Binance CEO Richard Teng says 70% of EU withdrawals went to self-hosted wallets, not regulated platforms
The shift to self-hosted wallets highlights potential gaps in regulatory frameworks, challenging the effectiveness of consumer protection efforts. The post Binance CEO Richard Teng says 70% of EU withdrawals went to self-hosted wallets, not…