Binance Defies EU Regs, Continues Operations Without MiCA License
Binance, one of the world's largest cryptocurrency exchanges, continues to operate in the European Union despite not having obtained a MiCA license.
This news comes from a recent report by Bloomberg. According to the report, Binance still maintains its business in the EU, despite the lack of regulatory approval.
The MiCA regulation is a set of rules that aim to regulate digital assets and related activities within the European Union. The regulation sets out requirements for exchanges, including obtaining a license before operating within the EU.