Binance EU Withdrawals Move to Self-Custody: Why Exchange Liquidity May Not Return Quickly
ESMA deadline on July 1, 2026 forced EU crypto wind-downs; Binance weekly outflows hit $1.23B as 70% shifted to self-custody. Why liquidity may stay thin.
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After MiCA's transition ended July 1, 2026, Binance — which withdrew its Greek licence application — says about 70% of EU withdrawals went to self-custody wallets, with only some 250 CASPs fully authorised EU-wide.
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