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Binance & Tether Snubbed: EU Excludes Crypto Giants from MiCA Approval List
Binance & Tether Snubbed: EU Excludes Crypto Giants from MiCA Approval List
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Europe draws regulatory battle lines—while Binance and Tether scramble to adapt.
The EU's Markets in Crypto-Assets (MiCA) framework just dropped its first approved list, and two industry heavyweights are conspicuously absent. No emergency USDT prints or BNB chain magic here—just cold, hard compliance requirements.
Regulators flex muscles as crypto's wild west era ends. Meanwhile, exchanges left off the list face a brutal choice: overhaul operations or lose access to 450 million potential customers. Guess those 'voluntary' KYC upgrades weren't so optional after all.
One banking lobbyist's take? 'Told you so' never sounded so expensive.
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