Crypto giant Binance is about to be forced to close its services in Europe, due to the refusal of various market supervisors in the continent’s countries to give it a MiCA license, necessary to operate in the region as of July 1. The most notable thing is that this time the European supervisor, ESMA, has coordinated the national supervisors to maintain a common position, something that has not always happened. In particular, it has brought Malta, which on other occasions has easily opened the door to companies in the crypto world, into the fold of market discipline.
The keys: the veto of Binance in Europe shows a welcome unity among supervisors
RELATED ARTICLES
- Advertisment -