Binance

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Binance is a major cryptocurrency exchange that has decided to cease operations in the European Union starting July 1st due to its inability to obtain the required MiCA license by the deadline. The company had submitted an application in Greece but withdrew it, citing delays in processing, and is now reportedly seeking licensing in another EU country. Binance has assured users that their assets will remain secure during this transition. Additionally, a former executive of Binance, Vladimir Smerkis, was sentenced to five years in prison for his role in the exchange's operations in the CIS regi…

Recent coverage

• Binance to stop serving EU customers as of July 1 — Коммерсантъ
• FT: Binance to stop serving Europeans due to licensing failure — Вечерняя Москва
• Major crypto platform Binance to stop serving EU customers from July; hundreds of others follow. What to check to avoid losing assets? — Meduza
• Bitcoin drops below $60,000 for the third time in six months — Вечерняя Москва
• Bitcoin dropped below $63,000 — Ведомости
• Binance prepares to leave European market due to licensing issues — Ведомости
• Bitcoin price drops below $65,000 for the first time since February — Москва 24