Binance CEO: 70% of EU Withdrawals Go to Self-Hosted Wallets
Binance CEO Richard Teng revealed that 70% of funds withdrawn by EU users amid MiCA regulatory changes are sent directly to self-hosted wallets, leaving regulators with zero visibility. Only 30% of withdrawals go to other exchanges, highlighting a trend that undermines the transparency goals of MiCA rules.
Detected & updated continuously · Source: Ruma
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@esatoshiclub
Binance CEO @_RichardTeng reveals 70% of funds withdrawn by EU users amid MiCA regulatory changes went directly into self-hosted wallets. Teng warns this gives regulators zero visibility, increases AML risks, and directly defeats the entire purpose of MiCA rules. https://t.co/c16qCdYd3A
@BlockTempo
幣安 (@binancezh) CEO @_RichardTeng 在 Reuters NEXT Asia 會議提出數據,歐盟用戶在 MiCA 過渡期結束後,提領的資金,70% 直接轉到自託管錢包,只有 30% 跑到其他合規平台。 用戶寧可自己管私鑰,也不信 MiCA 標榜的「保護」 :自託管錢包缺乏 AML/KYC 監管,MiCA https://t.co/2sQ2B4Ix4R
