🚨TODAY BINANCE WITHDREW ITS MICA LICENSE APPLICATION IN GREECE. THE BACKSTORY SHOULD INFURIATE YOU!
I have spent a week digging and it's clear what happened here.
- Binance applied via Greece and Greece welcomed the application. It meant $200m+ a year in tax revenue as well as 100+ GOOD jobs.
- The application took over a year and in a recent meeting the regulators in Greece indicated that @binance fulfilled all the obligations.
- Less than one month before MICA is being implemented, Greece , suddenly and mysteriously indicated that Binance wasn't getting the license.
They met all the criteria - so why?
HERE IS THE PLAY:
- Binance has over 50% market share in Europe and therefore over 50% of crypto liquidity.
- Greece has been struggling and needs the support of the European Central Bank that is headed up by Christine Lagarde.
- The ECB has an agenda to launch a CBDC in Europe and the easiest way to do this is to kill 50% of the crypto liquidity with one blow - just stop Binance at the last minute.
- Greece is powerless here because they are reliant on ECB FUNDING!
NOW:
-Binance will find a new regulator and it will need to be a nation that is not reliant on the ECB. If it is Christine Lagarde will try again.
-Binance will be delayed in Europe but the application will be fast tracked.
- Binance will have to pay extra to fast track this.
- The other exchanges like @coinbase and @okx are licking their lips at the prospect of being able to get a head start on Europe
ONCE AGAIN EUROPEAN REGULATORS ARE DRIVING THEIR AGENDA!
I asked AI to design the ideal stablecoin:
• fully collateralized reserves
• real-time solvency
• transparent treasury rules
• stress-tested liquidity
• institutional-grade settlement
Then I turned it into a website mockup.
Demo data only.
https://t.co/hyDAH72wKP
@WatcherGuru I'll complete the phrase:
"JUST IN: 🇺🇸 Bank of America officially recommends clients put up to 4% of their portfolio in Bitcoin and crypto, so we can dump you later, to pay our debt"
🇪🇺 NEW: A group of 10 EU banks plans to launch a euro-pegged stablecoin by 2026 under entity led by Dutch Central Bank, seeking regulatory approval in the second half of 2026.
CASH DIES IN 847 DAYS
Europe just legislated the end of financial freedom and nobody noticed.
January 2027: Every euro above €10,000 becomes illegal tender. Every Bitcoin needs government permission. Every transaction becomes a datapoint in Brussels’ surveillance grid.
This is not proposed. This is law.
340 million Europeans will wake up in a cage built from their own bank accounts.
THE KILL SHOT
The EU Anti-Money Laundering package doesn’t just track criminals. It treats every citizen as one. Starting 2027, buying a car in cash becomes a crime. Sending €1,001 in Bitcoin without state approval triggers prosecution. Anonymous wallets vanish overnight.
The Digital Euro arrives 2029. The European Central Bank spent €1.3 billion building what they call freedom. But leaked proposals cap holdings at €3,000 per person. Every purchase tracked. Every pattern analyzed. Every dissent potentially bankable.
THE LIE THEY’RE SELLING
“This stops money laundering.” Europe launders €500 billion yearly, they claim. So they’re building a panopticon for 340 million people to catch the fraction who commit crimes.
China’s digital yuan already programs money to expire, to restrict, to control. The ECB promises Europe will be different.
They promised deposit safety in Cyprus too. Then they seized accounts in 2013.
WHAT HAPPENS NEXT
Privacy coins migrate to the shadows. Black markets replace grey ones. The state gains omniscience. You lose the right to buy bread without permission.
This isn’t about crime. It’s about power. €20 trillion flows through the eurozone. Every cent will soon require approval from Frankfurt.
The infrastructure of tyranny gets built in the name of safety. Always.
THE CLOCK IS RUNNING
847 days until your cash becomes contraband. 1,308 days until the Digital Euro launches. Zero days of mainstream coverage asking the only question that matters:
Who decides what you’re allowed to buy when money becomes permission?
The European Union just made Orwell an instruction manual.
And you heard it here first.
Updates from Kyrgyzstan🇰🇬
- The National Stablecoin launched, on @BNBChain
- The CBDC is ready for rollout. Yes, both. CBDC will be used for gov related payments, etc
- The National Cryptocurrency Reserve set up, #BNB included
- LE training
- Binance Academy with 10 top Universities
- Binance App fully localized in Kyrgyz
- Binance Meetup in Bishkek with more than 1000 participants
Also proud to have brought @ethsign to work with Kyrgyzstan. They did a good job! @yzilabs is a minority investor. We like to provide real strategic value in addition to just investing in money.
➡️ Next bullrun starts at 17 June 2024 until 6 Octomber 2025.
✅️ Don't forget, we are currently on sideways accumulation period. #bitcoin#crypto#BullMarket#Bullish#bullrun
🇪🇺 CBDC in EU will launch in Oct. 2025.
Wholesale & retail.
🇮🇱 Israel is following EU’s footsteps - preparing for CBDC with a new 110 page design document.