NewsHK
Europe's crypto licensing environment has grown more selective since the Markets in Crypto-Assets regulation took effect, and Binance is now navigating that narrowed passage from a different angle.
Co-CEO Richard Teng said regulators themselves invited the exchange to pursue new license applications following a MiCA setback.
Alongside that European reset, the company is continuing to expand its regulatory footprint across Asia.
A regulatory reset in Europe MiCA created a single-market authorization framework for crypto-asset service providers across the European Union, requiring exchanges to obtain licensing in at least one member state before passporting services across the bloc.
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