Thursday, 1 October, 2026
Regulatory Standoff: EU Scrutinizes Binance's Loophole Loop
By TechShots Studio
European Union regulators are probing Binance over its continued operations within the bloc despite a mandated wind-down order. According to a Financial Times report, the cryptocurrency exchange is facing strict scrutiny from agencies like ESMA for using a "reverse solicitation" legal exemption to keep serving local clients following a failed licensing bid under new MiCA rules.
Read full story at REUTERS