BINANCE AND KUCOIN ARE NOT AVAILABLE FOR EU EFFECTIVE JULY 1ST.AI SAYS It will likely take 3 to 6 months at minimum, and potentially up to a year or more, for a crypto exchange to secure a new Markets in Crypto-Assets (MiCA) license after failing to meet the July 1, 2026 final deadline.HOW BAD IS THIS BOYS??? BINANCE AND KUCOIN WERE THE ONLY EXCHANGES I WAS USING..
>>62420978literal scam scamwicking fake chink cexes kek :D
What happens to all the yuropeans who are on vacation and can't move their crypto out before july 1st?
>>62420978Very convenient that some corrupt Greek cunt denied their license while crypto is in a downwards trend and funds are exiting as well. Bet someone shorted right before the news.>>62421013Binance said you can move your shit out at any time past the date. Nothing is going to disappear or get locked. If you have any options or other non-spot shit going then it will close on the 1st and you might get fucked if you planned to wait longer. Not sure about the other platforms.
>>62420978>AI SAYS
>>62420978so how the fuck am i meant to dca after july ?
>>62421013i managed to move my shit out but i think a lot of people arent aware yet. Dont wait for that.
>>62420978funds are safu
>>62421039kraken, coinbase,cro,gemini,bybit,okx,gate are unaffected for now
Here's a truth nuke for ya. If rules like this had been established earlier you, perhaps, wouldn't be looking at a maxx extracted dying asset class. Niggers killed crypto with their wild west scamming. After FTX they cheered for getting rid of Gensler and put in a new guy whose name you conveniently haven't heard in ages. Well, this gave the scammers and those who enable them (CEXes and, by extension, DEXes) a carte blanche to run literal goy farms against their own user base. All participants bar a few have had their blood drained by these vampires, quietly enabled and condoned by the SEC.
>>62421093This is a black page im history because it enabled the orange retard to literally do the same thing. Even his sons joined the ponzi.
>>62421063i'm doing 30 pushups for extra atonement.
The death of crypto is much more closely tied to the development of gambling markets than it is the rugpulls (which were always part of it anyway). Alts and bitcoin attracted people as an easy way to make money, and now that’s more easily accessible on Polymarket or Kalshi, especially since they give the gambler a false sense of control. It was inevitable that people would flee this “asset” and try getting rich quick at something they can more easily understand.
>>62421098But saaar he doesnt know the cz blody!
>>62421176No. Crapto killed itself because the people who got scammed in 2021 just got scammed again, if they were even still in the game. Opportunism is what killed it. The millions of altcoins spreading liquidity. Nonstop massive CEX dumps washing user funds. Then the retard Saylor running not 1 but like 4 ponzis on top of a ponzi. If you think prediction markets are responsible I have a bridge to sell you. No. If there were gains to be made, people would be all over crypto, and prediction markets would be a niche. Of course, there is also the element of hype dying down. All the whitepapers, all the web 3.0 bullshit, the futurism, it has all been revealed as bullshit hogwash. There's no narrative left for anyone to buy into after. Prediction markets aka betting has always existed. Something like crypto hasn't. The "industry" as a whole is responsible for ruining any future opportunities
>>62420978But it's like in 3 days how the fuck am I supposed to move my money in less than a week
>>62421093Yeah, but all that will be a lot less lucrative, when Euro (and later US based) liquidity is gone on the big exchanges.I got a theory regarding crypto in general related to MICA in the upcoming months. Since Binance does not comply with MICA in the foreseeable future, all the Euro based leveraged traders without a VPN have to switch to exchanges like Kraken, Coinbase, OKX etc. That means, there will be a lot less margin trades happening on Binance. That also means, that Binance MMs won't benefit from liquidating euro longs anymore. Instead Binance MMs with their immense liquidity could instead attempt to pump the market in order to push the MICA compliant exchanges near bankruptcy because of all the leveraged longs that successfully could go through on those exchanges. This could lead to an US/Euro vs. East Asian exchange crypto trade war. (MICA) Exchanges eventually will suspend margin trading at one point. Anyway, thanks for reading my shitpost, anon.
Only for select european countries, ironically germany for example is not at risk and has valid licensing
>>62423697Ok cz.
>>62420978>>62425529>>62425529>>62425529
>>62420978Just use OKX.
bump
>>62420978Thank God Coinmetro existsIt's been one of the most regulation-friendly EU-based exchanges for yearsMaybe they can get millions of new users as a result of this
>>62420978>>62421005>>62421013>>62421023>>62421034>Kucoin kicked out of USA and EUUSDT is gonna depeg. Both economic zones have incentive to break them now, to make it look like their dystopian constraints on retail are actually beneficial. Screencap this
>>62421063Double the next guy's. My arms are sore from sawing limbs all day
>>62429272>Coinmetrowho's gonna tell blud?
just use weex.com its fully licensed and regulated in the EUsign up and use code 2uusr for rebate
>>62423697I think it's entirely possible. My only input is even if exchanges are getting hammered to submission by the western govs a privacy coin like monero instead gained the utmost confidence, perhaps signalling something ahead of the curve for 'altcoins'. Also, today India got a crackdown on USDT operators which only spiked the premium there. People want off the gov sanctioned shitcoin ride. Coins like USDT and USDC are itching for a power spike policy wise as they're getting serious traction and have positioned themselves super strong safe heaven wise. Even then I see major opportunities for infighting occuring.