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Genuinely losing it over how vague Binance's MiCA situation is. Can someone explain what actually happened here?

Binance

Cryptocoins Exchanges / Binance 31 Views

Okay I may be venting somewhat as a result of I've been making an attempt to piece this together for days and it is senseless.

Binance utilized in Greece again in JANUARY. That's like 5+ months of runway before the deadline. And now, six days earlier than the cutoff, they only... withdraw the appliance and say they'll attempt a special country? With zero timeline? While telling customers "funds are protected" but in addition "some of you could be impacted, we'll reach out individually"??

Like which is it. Am I affected or not. Is my account high quality or not. "We'll contact you" just isn't an answer when the deadline is in less than every week.

I genuinely don't know if this is on Binance for messing up the appliance, or the Greek regulator being painfully sluggish, or that weird unconfirmed rumor about ECB strain that's floating around with zero actual sourcing. No one's saying something concrete. Binance's personal blog submit reads prefer it was written by legal professionals particularly to keep away from saying anything that could possibly be held towards them later.

In the meantime Bitpanda, Coinbase, and Kraken all had their licences sorted. No specific drama or obscure blog posts. So either the bar isn't that tough to clear and Binance dropped the ball, or there's one thing genuinely uncommon about their particular state of affairs that we're not being informed.

Anyone even have a straight answer or are all of us just waiting on an e mail like the remainder of us?

submitted by /u/Gullible-Tale9114
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