Richard Teng: Binance committed to MiCA compliance in Europe

Richard Teng: Binance committed to MiCA compliance in Europe
Binance to secure MiCA licence in Europe

Richard Teng, CEO at Binance, emphasized the company's commitment to its European users and operating under the clear, harmonised MiCA regulatory framework.

He stated that Binance is dedicated to securing a MiCA licence and is prepared to function within a fair and predictable European regulatory environment.

Teng previously noted strong growth in Bitcoin holders across APAC, MENA, and Latin America as emerging markets drive adoption, according to a recent statement. He has also highlighted that entry barriers to private markets and public equities are being reduced for broader investor participation, as detailed in another recent update. These remarks come as Binance pursues compliance efforts in Europe.

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