Bloomberg: Binance Continues EU Operations Despite Missing MiCA Deadline

According to Bloomberg, Binance remains operational in the European Union despite failing to secure a license under the Markets in Crypto-Assets (MiCA) regulation by the July 1 deadline. Although Binance previously announced plans to exit the EU market, it has maintained services through various methods, including routing trades to its Abu Dhabi entity and utilizing reverse solicitation clauses. Reports indicate that European Central Bank President Christine Lagarde intervened to block Binance's licensing efforts, leading the exchange to withdraw its applic