Key highlights: OKX has scored impressive weekly inflows amid a marketing campaign to lure Binance’s EU users Binance’s MiCA troubles triggered a $1 billion asset flight over the last seven days CZ termed Binance’s exit as a “huge loss” for the region, triggering fierce criticism from OKX’s founder OKX is reaping the rewards of a […]
Tag: Greece
By Dimitar Dzhondzhorov The world’s largest crypto exchange has recently faced significant regulatory challenges that could ultimately force it to stop serving clients in the European Union. Earlier this month, Reuters reported that the company’s application through Greece’s Hellenic Capital Market Commission (HCMC) is expected to fall short: a development that may strip Binance of […]
Key highlights: Binance could face restrictions across the European Union if regulators determine its current structure does not fully comply with MiCA requirements. The development comes as Europe tightens oversight of crypto exchanges under its landmark Markets in Crypto-Assets regulation. Any disruption to Binance’s European operations could impact millions of users and one of the […]