I am reliably informed that ECB president Christine Lagarde directly ordered Greece to reject Binance’s MiCA license application.
My source said Binance had essentially been given the green light by Greece’s regulator, before the ECB stepped in.
Not good news for crypto if the ECB is ultimately pulling the strings.
🔴 Exclusive @TheBigWhale_
MiCA: France, Binance's Last Resort in Europe
According to our reporting, France is now Binance's only viable option to maintain access to the European market.
Discussions are underway with the AMF, but no formal application has been filed.
This scenario follows the Greek rejection revealed yesterday by Reuters, which we are in a position to confirm.
And the behind-the-scenes story of this rejection is more political than regulatory.
According to our sources, the Greek regulator (HCMC) had deemed the application complete and compliant with MiCA.
The block reportedly came from the top: Christine Lagarde is said to have directly signaled to the Greek Prime Minister that Binance was not welcome in Europe. The directive was then reportedly passed on to the Finance Minister, and from there to the HCMC.
The ECB president's presumed motivation is believed to be linked to stablecoins.
Binance is the primary liquidity channel for these assets in Europe. Cutting off its access to this market would amount to forcibly strengthening the position of the future digital euro.
On the French side, the Treasury and Tracfin (financial intelligence agency) are reportedly pushing for Binance to be supervised from Paris.
The rationale: maintaining visibility over the platform's financial flows, which would disappear if it left the European market.
All our reporting in our investigation, available in open access below
https://t.co/0yhbJsFtRW
We are proud to announce that our institutional version of the BNB Yield Fund — BNB Holdings Fund — has received a $100 million strategic commitment from YZi Labs @yzilabs . This latest investment marks the formal transition of BNB into a structurally advanced stage of institutionalization.
As KK @longwinsk Founder of Hash Global, noted: “BNB’s institutionalization should not be viewed merely as portfolio inclusion, but as a structural alignment between capital and ecosystem development. The ecosystem co-building model is the defining feature that differentiates BNB from other digital assets”.
BNB’s institutional era enters a new and substantive phase!
Full details here:👇
https://t.co/LpxQanp2xB
#BNB #Web3 #HashGlobal #YZiLabs
Let me get this right @toly , Solana Saga Genesis holders got 0 $SKR tokens??
We were the first people to support the idea of a Solana mobile before it was "cool" and you reward your most loyal early supporters with nothing?
That's just wrong.