Binance Co-CEO Responds to EU MiCA Compliance: Transition Support for Affected Users

Odaily reported that Richard Teng, Co-CEO of Binance, issued a statement in response to the EU's MiCA regulation coming into effect. He stated that Binance will continue to provide transition support for affected users, including offering follow-up procedures and alternative options to ensure asset safety and service continuity. He also advised users to seek account-related support and assistance through official customer service channels. Richard Teng noted that regulatory changes may bring uncertainty and inconvenience to users, and Binance is maintaining close communication with regulators to advance the compliance transition in a responsible manner.