
Binance Outflows Triple to $1.23 Billion as Ethereum Withdrawals Hit Three-Year High
Binance experienced a significant $1.23 billion in weekly net outflows, marking a 207% increase as Ethereum withdrawals hit a three-year high.

Binance experienced a significant $1.23 billion in weekly net outflows, marking a 207% increase as Ethereum withdrawals hit a three-year high.

Binance's Europe head, Gillian Lynch, stated the company remains committed to the EU despite withdrawing its MiCA application days before the July 1 deadline.

Anchorage Digital has integrated off-exchange settlement capabilities with Binance, aiming to mitigate exchange counterparty risk for institutional investors.

A group of UK crypto investors is suing Binance and its founder, Changpeng Zhao, for $200 million, alleging significant losses from derivatives trading.

The European Securities and Markets Authority (ESMA) has warned that EU crypto clients must be served by MiCA-authorized entities, scrutinizing Binance's model.

Binance ceased operations in parts of Europe due to regulatory licensing failures, while EthLabs, backed by Joe Lubin, launched to boost Ethereum adoption.

Binance founder Changpeng "CZ" Zhao stated in a recent CoinDesk interview that he believes the United States should be the "capital of crypto."

Binance saw over $400 million in net outflows this past week as the EU's MiCA regulation deadline approaches, though not signaling a mass exodus.

Coinbase and OKX are offering up to 8% bonuses to attract Binance's EU users after the exchange failed to secure a MiCA license.

Binance founder CZ attributes the crypto market's 50% decline in 2026 to AI, global tensions, and the traditional 4-year cycle.

Binance is set to suspend some services for its European Union users after failing to obtain a crucial MiCA license, impacting its regional operations.

Pardoned ex-Binance CEO Changpeng 'CZ' Zhao stated his prison time was a 'character-building plus' and didn't hurt his business, as he moves into venture capital.

Binance will limit EU onboarding and services from July 1 due to a lack of MiCA authorization, though withdrawals remain available for users.

Binance has formally withdrawn its MiCA license application in Greece, intensifying pressure to secure an EU operating base before the July 1 deadline.

Binance is reportedly planning to pursue authorization in a different European Union jurisdiction should its current Greek licensing application prove unsuccessful, as the MiCA deadline looms.

Changpeng Zhao (CZ), former CEO of Binance, seeks to clarify public 'misunderstandings' and redefine his image after stepping down.

Binance co-founder Yi He warned of an alleged impersonator, "Zhu Pan," leading CoinUp to deny any affiliation.

Euro-denominated trading accounts for only about 1% of Binance's spot volume, according to CryptoQuant, as MiCA's July 1 deadline approaches.

Bitcoin attempted to reclaim the **$64,000** mark, navigating renewed **US-Iran** tensions and persistent selling from **Binance** spot traders.

Binance's pursuit of MiCA licenses in Europe is encountering friction, raising questions about the European Central Bank's influence on national regulators.

Binance could potentially re-enter the Philippine market, leveraging a regulatory sandbox to offer services without a full local license.

Binance has publicly addressed recent reports suggesting potential rejection of its EU operational licenses, firmly stating its applications are fully compliant.

Amid reports of a potential rejection from Greece's financial watchdog, global crypto exchange Binance asserts its European application remains fully compliant.

Binance's tokenized pre-IPO offering for SpaceX has garnered significant investor interest, raising over $557 million ahead of its anticipated public debut.

The Philippine central bank has declared that global crypto exchange Binance and its local affiliate are operating without the required licenses in the country.

A recent legal disclosure reveals crypto giant Binance has a revenue-sharing agreement with stock custodian Alpaca, taking 50% of its order flow revenue.

Binance is discontinuing its NFT marketplace on its main exchange, directing users to migrate their digital collectibles to its non-custodial wallet within 30 days.

Binance has launched trading for over 7,000 US stocks and is preparing to roll out "bStocks," its tokenized equity offering, sparking industry debate on innovation versus risk.

Crypto exchange Binance has launched US stock trading for eligible users, marking a significant step in its expansion into traditional financial markets.