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Binance updates crypto rules in Poland to meet new MiCA requirements
Binance updated its cryptocurrency deposit and withdrawal procedures in Poland to comply with the European Union’s Markets in Crypto-Assets Regulation (MiCA). In a blog post on Jan. 17, Binance wrote, “Starting Jan. 20, users may need to provide more information when performing crypto deposits and withdrawals.” The new requirements apply to crypto deposits exceeding 1,000 euros ($1,030.80) and all withdrawals. For deposits, users must provide the sender’s full name, country and crypto exchange name. For withdrawals, similar details about the beneficiary are required. Binance clarified that these updates only ... (full story)