The compromise of a single workstation enabled unauthorized withdrawals from Binance after $6.3 billion was stolen. Binance has not obtained MiCA authorization and has not offered its services in France since July 1, 2026, while licensed providers must comply with rules governing internal controls, cybersecurity and asset custody. MiCA specifically requires customer funds to be segregated from the platform’s own assets and makes providers liable for losses attributable to them. Licensed by the AMF since May 7, 2026, Coinhouse keeps more than 70% of its customers’ cryptocurrencies offline and requires several authorizations to move funds. The platform also secures its operational wallets using multi-party computation technology and maintains professional civil liability insurance.
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