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Binance founder Changpeng Zhao (CZ) has claimed that the company's application for the Markets in Crypto-Assets (MiCA) regulation was 'fully compliant' and nearing approval.
However, he indicated that political forces intervened, impacting the approval process.
This statement highlights ongoing regulatory challenges faced by crypto exchanges in Europe.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.