TechFlow news, January 17 — According to Cointelegraph, Binance announced it will update its cryptocurrency deposit and withdrawal procedures in Poland to comply with the European Union's Markets in Crypto-Assets Regulation (MiCA).
Starting January 20, additional information will be required for all cryptocurrency deposits exceeding 1,000 euros (approximately $1,030.80) and for all withdrawals. For deposits, users must provide the sender’s full name, country, and the name of the cryptocurrency exchange. For withdrawals, recipients’ relevant information will be required.
Binance warned that transactions may be delayed or returned if the necessary information is not provided.
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