Binance and the MiCA Application: An Analysis of the Allegation of Political Interference in the European Union's Regulatory Process
Changpeng Zhao (CZ), founder of Binance, claims the platform's application to operate under the European Union's Markets in Crypto-Assets (MiCA) regulation was 'fully compliant' and nearing approval before being allegedly blocked by unidentified 'political forces.' This allegation introduces opacity into the MiCA regulatory process, potentially affecting predictability and trust in Europe's legal framework for digital assets.







