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EU watchdogs question Binance over unlicensed European operations

European regulators are questioning Binance over its use of a narrow legal exemption to keep serving EU customers without a licence, the Financial Times reported.

  • EU watchdogs question Binance's unlicensed European operations.
  • Binance failed to obtain MiCA license, expected to wind down EU operations by 1 July.
  • EU markets watchdogs may impose fines if Binance doesn't comply with MiCA requirements.

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