Binance Co-CEO Richard Teng Says 70% of EU Users Chose Self-Custody Over MiCA Platforms
European cryptocurrency users who withdrew funds from Binance after the exchange suspended services across the European Union largely opted for self-custody rather than transferring their assets to competing regulated exchanges, according to Binance Co-CEO Richard Teng.
MiCA Is Raising a Lot of Questions About Safeguarding. Stablecoins Might Just Be the Answer.
Imagine a world where the very thing that keeps your money safe is the same thing that could make it disappear in an instant. Welcome to crypto. We've seen exchanges implode overnight, taking billions in customer funds with them. Yet, here I am, telling you that the solution to this mess might just be another crypto asset: stablecoins. Sounds mad, doesn't it? But in the wake of MiCA regulations and an industry desperate for trust, these digital assets pegged to 'real' money could be our best shot at keeping customer funds truly safe.
How to Become More Compliant as a Crypto Provider
Although the European Union's Markets in Crypto-Assets (MiCA) regulations are still over a year away from taking effect, crypto asset service providers should begin work on compliance strategies now says Fiat Republic’s Paula Steiner
