EU Regulator's Private Financial-Crime Advisory Prompted Binance to Cut Off European Users

The EU's markets regulator privately warned national authorities about financial-crime concerns tied to Binance, the Wall Street Journal reported on July 1, 2026. Binance then severed access for European users. The cutoff follows Binance's failure to secure a MiCA license, a framework that pushed hundreds of crypto platforms from the EU market by June 2026. Binance says it intends to reapply.