Statement from CZ on Bulk Delist News with Binance’s Cryptocurrency Law MiCA!

CEO Changpeng Zhao (CZ) clarified the news that Binance may make a mass stablecoin delist with the entry into force of the European Union cryptocurrency law MiCA.

The currently unclear rules of the European Union’s cryptocurrency law MiCA investors And cryptocurrency exchanges It poses a concern. These areas, which are not yet clear, are being discussed by the European Banking Authority (EBA) and its sister organization, the European Securities and Markets Authority (ESMA).

Marina Parthuisot, Binance’s Legal Officer in France, made a statement to the EBA regarding the issue: June 2024Since the MiCA bill, which will come into effect in , has not yet approved any stablecoins, Binance on June 30 in europe bulk delist all stablecoins He said he planned.

Following the statement in question, Binance CEO Changpeng Zhao (CZ) posted a statement on Twitter. in postused against FUD the letter “4” He reacted by writing. CZ also said that the answer of the French official in question was the answer to a question that was disconnected from its main meaning. The CEO stated that within the scope of compliance, they already have many partners who are issuers of Euro (EUR) and other stablecoins.

Binance had previously announced that it would disable the trading of some altcoins for residents of France, citing legal requirements. Binance also recently Couldn’t get a license from the Netherlands for If from Southern Cyprus Ability to focus on meeting the requirements of the European Union’s MiCA legislation He stated that he had withdrawn from the country and was still in talks with many countries.

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Statement from CZ on Bulk Delist News with Binance’s Cryptocurrency Law MiCA! The article titled was prepared by Akın Akalın and published on koinbulteni.com.


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