WSJ: Lagarde personally blocked Binance’s European license.
Greek regulators delayed Binance’s MiCA application under pressure, after which she pushed it to the point that ESMA took over.
The reason: she was afraid Europe would be locked down by U.S. dollar stablecoins, and there’d be no room for a digital euro.
Binance withdrew its application in mid-June.
This isn’t a compliance issue—it’s a matter of monetary sovereignty.
Greek regulators delayed Binance’s MiCA application under pressure, after which she pushed it to the point that ESMA took over.
The reason: she was afraid Europe would be locked down by U.S. dollar stablecoins, and there’d be no room for a digital euro.
Binance withdrew its application in mid-June.
This isn’t a compliance issue—it’s a matter of monetary sovereignty.