EU Presses Binance Over ‘Reverse Solicitation’ Exemption for Users: Report

Bearish-2.98%
1 Oct, 08:56
Source: Decrypt

AI Summary

EU regulators are investigating Binance's compliance with MiCA rules while operating from Abu Dhabi, posing potential regulatory risks to the exchange and its native token.

Regulators are probing how the exchange keeps serving EU customers from Abu Dhabi, months after it lost its MiCA registrations.