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Binance just pulled its own licence application 6 days before the deadline

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by COINS NEWS 39 Views

they have pulled their licence application from greece and are going to apply somewhere else in the EU instead, they just havent said where yet,their reasoning is basically that the greek regulator never gave them a clear yes or no after months of back and forth and rather than keep waiting right up against the deadline they decided to cut their losses and restart fresh somewhere with what they are calling more clarity.
and for users they keeping it pretty vague honestly,they say funds are safe and accessible but also that some users might be affected depending on their country and account status and that they will reach out individually with next steps so no firm date,real detail on what impacted actually means for different people, just wait for an email basically
Meanwhile other platforms arent dealing with any of this like coinbase ,bitpanda and kraken already have their eu licences sorted, so this whole thing doesn’t touch them and might even be beneficial for them
Do you guys think it is possible for biggest crypto platform like Binance exiting EU market ?

submitted by /u/Jealous-Drawer8972
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