Even without obtaining a MiCA license, the operations of the leading cryptocurrency entity have not halted. As reported by Bloomberg on September 4, Binance, the world's largest cryptocurrency exchange, continues its operations within the European Union using several loopholes, despite not securing a license under the EU’s unified regulation 'MiCA'.
MiCA, which applies to all 27 EU member states, mandates that obtaining a license in one country would suffice for operating across the entire region...