Binance EU Withdrawals Shift 70% to Self-Custody Wallets Post-Suspension

2026-07-10 21:24

Woofun AI reports that Binance co-CEO Richard Teng stated approximately 70% of funds withdrawn by users after the exchange suspended certain EU services flowed into self-custody wallets. The remaining 30% was transferred to licensed compliant platforms as part of the MiCA transition process.

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