Binance withdraws from the Netherlands amidst SEC lawsuit
Posted on AllSides June 16th, 2023
• Binance shut doors to new users living in the Netherlands and starting July 17, existing Dutch users will only be able to withdraw assets. • Binance continues working towards full compliance with the EU's MiCA for crypto regulation. • The SEC vs. Binance lawsuit continues with a former SEC official predicting a settlement. Binance, the largest crypto exchange by volume, withdrew from the Dutch market as it failed to get a license to operate in the Netherlands. The exchange is currently engaged in a legal battle with the US...