Binance CEO Pledges Support for MiCA Transition on July 1 Effective Date

According to BlockBeats, Binance CEO Richard Teng on July 1 pledged the exchange's commitment to supporting affected users through the European Union's Markets in Crypto-Assets Regulation (MiCA) transition. Teng stated that Binance would work "with caution, clarity and responsibility," enabling users to access previously disclosed options including applicable withdrawals. The CEO noted that Binance is collaborating closely with regulators to responsibly manage the transition and will communicate next steps directly with impacted users.
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