CZ Says Politics, Not Compliance, Played a Role in Binance’s MiCA Application Withdrawal
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Binance founder CZ said he saw no evidence that ECB President Christine Lagarde personally blocked Binance’s MiCA application in Greece and blamed political factors rather than compliance for the withdrawal after the filing neared approval. Binance withdrew its Greece MiCA license application but will continue pursuing MiCA approval elsewhere in the EU, creating regulatory uncertainty for crypto exchanges and a short-term setback for Binance’s EU licensing and adoption plans.
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- CZ says he saw no proof Christine Lagarde personally blocked Binance’s MiCA application in Greece.
- He claims politics, not compliance, changed the outcome after the application neared approval.
- Binance withdrew its Greece filing but plans to continue pursuing MiCA approval elsewhere in the EU.
Binance founder Changpeng “CZ” Zhao has commented on the exchange’s decision to withdraw its Markets in Crypto-Assets (MiCA) license application in Greece.
He said he has seen no evidence that European Central Bank President Christine Lagarde personally blocked the process. However, he believes political factors, rather than compliance issues, played a role.
CZ Says There Is No Proof Christine Lagarde Intervened
During the interview, CZ was asked about reports from anonymous sources claiming ECB President Christine Lagarde intervened to stop Binance’s MiCA application …
Read The Full Article CZ Says Politics, Not Compliance, Played a Role in Binance’s MiCA Application Withdrawal On Coin Edition.
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