Binance: 70% EU Withdrawals Head to Self-Hosted Wallets Post-MiCA

Binance: 70% EU Withdrawals Head to Self-Hosted Wallets Post-MiCA | Flash News Detail | Blockchain.News

Latest Update

7/10/2026 3:24:00 AM

Binance CEO Richard Teng states 70% of EU user funds now exit to self-hosted wallets after MiCA, with only 30% shifting to other regulated entities.

Source

Analysis

Binance CEO Richard Teng revealed that nearly 70% of funds withdrawn by EU users now route directly to self-hosted wallets following MiCA rules, while just 30% move to another regulated entity, highlighting accelerated self-custody trends amid tightening EU crypto oversight in the past year.

crypto regulation EU Crypto self custody mi ca wallet trends

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