Binance's Richard Teng: MiCA Transition Underway, Affected Users Can Withdraw After July 1

Binance's Richard Teng: MiCA Transition Underway, Affected Users Can Withdraw After July 1

N
News Editor
2026-07-01 04:23:22
Binance co-CEO Richard Teng announced that the exchange is advancing its MiCA compliance transition. Affected users' assets remain secure and withdrawal options remain available after July 1. He urged users to contact official support channels for account issues.
BinanceMiCAcompliancecryptocurrencywithdrawalRichard Teng

Binance co-CEO Richard Teng posted today that the exchange is actively advancing its transition to comply with the EU's Markets in Crypto-Assets (MiCA) regulation. He assured that affected users' assets are safe and that withdrawal options previously communicated will remain available after July 1.

Teng stated that the platform is directly contacting affected users to discuss next steps. He also reminded users experiencing account issues to contact customer support only through official channels to mitigate phishing risks.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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