MiCA is starting to actually bite. Binance EU is the biggest casualty so far

Binance withdrew its Greek MiCA application June 24, after Greek regulators reportedly flagged concerns over corporate structure. From July 1 they're suspending new orders, deposits, signups, and Earn/staking for EU users. Only \~200 firms had MiCA licences as of May 2026 out of 1,200+ that had national registrations pre-MiCA. Conversion rate under 18%.

This is going to keep happening. Curious what people are doing with EU holdings, moving to a licensed CEX, going full self-custody, or just waiting it out since withdrawals aren't affected.

(Disclosure: I run a non-custodial swap aggregator, CypherGoat, so I've got a stake in the self-custody side of this conversation, take that as you will.)