Binance vows to remain in Europe despite licence setback ahead of June 30 deadline

The shift from USDT to BTC on Binance indicates growing investor confidence, but it risks potential losses if Bitcoin prices decline. The post Binance USDT holdings surpass BTC holdings as stablecoin balances shift appeared first on Crypto Briefing.

Binance has confirmed it is withdrawing its MiCA license application in Greece and will seek authorization in a different EU member state, with the July 1 wind-down deadline for unlicensed crypto firms days away. The target jurisdiction remains undisclosed.

Crypto exchange Binance formally withdrew its MiCA license application in Greece, one week after a report said it would be denied.

Binance's EU market access is at risk, potentially benefiting competitors with MiCA compliance, impacting its market share and growth. The post Binance withdraws MiCA licence application in Greece, seeks new EU authorization appeared first on Crypto Briefing.

Increased Bitcoin inflows to Binance signal heightened market volatility and potential prolonged price instability amid investor uncertainty. The post Binance sees $479M in Bitcoin inflows as panic selling rises appeared first on Crypto Briefing.

Paris-based group raises one of Europe’s biggest non-AI start-up rounds this year

Binance has said it will pursue authorization in another European Union jurisdiction if its licensing application in Greece does not advance before the bloc’s MiCA compliance deadline. Reuters reported that Gillian Lynch, Binance’s head of Europe and the United Kingdom,…

A wallet linked to venture capital giant Andreessen Horowitz (a16z) withdrew 25,560 ether (ETH), worth about $42.62 million, from Binance, a move that landed as ether trades at $1,672. Tracking the Withdrawal The transfer flagged by onchain tracker Lookonchain, said a wallet linked to a16z pulled 25,560 ETH, valued at roughly $42.62 million, off Binance, […]