EUR Trading Accounts for 1% of Binance Spot Volume: CryptoQuant
5 Articles
5 Articles
EUR Trading Accounts for 1% of Binance Spot Volume: CryptoQuant - Invest In Crypto News
Euro-denominated trading accounts for only a small share of Binance’s activity, as the exchange faces uncertainty over its European licensing prospects under the Markets in Crypto-Assets Regulation (MiCA). Euro (EUR) trading accounts for around 1% of Binance’s spot volume, CryptoQuant analyst Maartunn told Cointelegraph. “Binance’s inflows remain globally distributed, which may limit the impact of potential MiCA-related setbacks,” Maartunn said,…
Binance Euro Volume Sits at 1% as MiCA Deadline Hits July 1
Euro trades are basically nothing on Binance. Just 1% of the exchange’s total spot trading volume, per data from CryptoQuant.… Read the original on Binance Euro Volume Sits at 1% as MiCA Deadline Hits July 1. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CryptoQuant: EUR Trading Accounts for 1% of Binance Spot Volume
As Europe approaches the MiCA framework deadline on July 1, Binance’s exposure to euro-based trading activity remains modest—but regulatory friction could still reshape how the exchange serves EU customers. CryptoQuant analyst Maartunn told Cointelegraph that euro (EUR) spot trading accounts for roughly 1% of Binance’s global spot volume, suggesting that any setback tied to European licensing may not immediately affect the exchange’s overall tra…
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