Richard Teng said 70% of EU user withdrawals following its service suspension moved to self-custody rather than MiCA-regulated platforms.

Binance CEO Richard Teng reveals 70% of EU user withdrawals went to self-hosted wallets after MiCA compliance pause, with $1.23B in weekly net outflows.

Richard Teng said 70% of EU user withdrawals following its service suspension moved to self-custody rather than MiCA-regulated platforms.