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Binance CEO Reports 70% of EU Withdrawals to Self-Hosted Wallets

9 Jul 2026· CLOM Newsroom· CLOM· 1 min readREGULATION

Richard Teng, the CEO of Binance, has reported that 70% of user withdrawals from the European Union are being directed to self-hosted wallets.

This trend indicates a preference among users for non-regulated platforms over those compliant with the Markets in Crypto-Assets (MiCA) framework.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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