EU Regulator's Warning Led 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 European user access. The cutoff follows Binance's failure to secure a MiCA license — the EU's new crypto rulebook — which pushed hundreds of platforms from the bloc by June 2026. Binance says it intends to reapply.