Many users accused Binance of fraud, scams, and poor security in reaction to the stalled MiCA license review in Greece, while others praised the exchange's commitment to Europe and regulatory compliance.
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There is no guarantee at all that Greece will give them the green light.
Netherlands has already outright banned them. Many EU countries don't want that Binance is granted passporting rights for several reasons.
It's over sadly. It was the first exchange I've ever had an account on, but some things come to an end.
@cas_abbe @binance What does the current situation with @binance and MiCA actually mean for the European crypto ecosystem?
@cas_abbe @binance Will Greece pass?
What you’re saying isn’t correct.
Access to funds will be fine until June 30, but the risk for users is that they won’t be able to access their funds on their binance app from July 1st.
The fact that medias like Reuters and Bloomberg say that Binance application was rejected from Greece is too risky for users, that’s why they should, as a matter of precaution, move their funds on a regulated platform.
At this point, it’s not about Binance.
If you want to guarantee that your funds are accessible and can be moved freely, you should move your funds to a regulated platform and then see what happens.l come July 1st.
@esatoshiclub @binance MICA is not fair for @binance because @Lagarde is putting the knife on Greece's throat using the lent euros as excuse to force them to say no. 🤡
@cas_abbe @binance BULLSHIT !!! CASE 150588693, LOST $70k. Security system VERY BAD and upgraded after my account was hacked, don't want to take responsibility! prove your words, if can't prove Binance is a fraud company!
@esatoshiclub @binance BULLSHIT !!! CASE 150588693, LOST $70k. Security system VERY BAD and upgraded after my account was hacked, don't want to take responsibility! prove your words, if can't prove Binance is a fraud company!
@esatoshiclub @binance Hope Binance finally gets the license after the final decision, cos this will be a great opportunity for other countries outside EU, to consider using Binance cos the license and reliability it has by top countries.
@cas_abbe @binance The key issue is not whether @Binance users can access their funds today because they clearly can.
@esatoshiclub @binance Positive step for Binance and the broader crypto industry at large, clear and predictable rules benefit exchanges, investors, and innovation alike💯.
@cas_abbe @binance ...but they will ask you for your ID or passport, your source of income, your address, your wallets and their ownerships. Just because of accepting dictatorship of centralized power.
@cas_abbe @binance That’s why Binance is leading
@cas_abbe @binance Regulation matters. Security habits matter even more.
@esatoshiclub @binance Hope this gets resolved soon for the benefit of all users
@cas_abbe @cz_binance @binance They also not spam like the others to come back or warn u Ure account is soon not more available like coinbase do from my 2017 account
Never had issues there also the kyc people checking verry good , too good if this is u
@cas_abbe @cz_binance @binance 💛
@cas_abbe @binance Thanks for clarifying it
@cas_abbe @binance The bigger story here isn't one exchange. It's the future of crypto regulation across Europe.
@cas_abbe @binance Clear breakdown. People overthink this stuff way too fast without checking facts. Good reminder on security too.
@esatoshiclub @binance Lead digital assets = ignore shit like MiCA.