Exclusive-Binance Set to Lose Permission to Operate in EU, Sources Say
- On Tuesday, Reuters reported that Binance faces rejection of its Markets in Crypto Assets license application in Greece, potentially barring the exchange from offering services in Europe.
- Binance has pursued MiCA authorization over the past 18 months, working constructively with the Hellenic Capital Market Commission and establishing a Greek holding company for the application.
- A Binance spokesperson told CoinDesk the HCMC previously informed ESMA it considered the application compliant and intended to authorize it at an upcoming Board meeting.
- The Hellenic Capital Market Commission did not immediately respond to requests for comment, though reports indicate the application will face rejection by the end of this month.
- Regulatory uncertainty arrives as combined exchange volumes fell 3.45% to $4.41T in May, the lowest since September 2024, despite rising RWA perpetual futures volumes.
48 Articles
48 Articles
Binance Says it Considers EU License Compliant Amid Reports of Potential Rejection
Binance said in a Tuesday blog post that it was compliant with the EU’s Markets in Crypto Assets framework despite a report that Greek regulators were prepared to reject its application.
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Binance Faces Potential EU Exit as Greek License Bid Nears Rejection
Binance, the world's largest cryptocurrency exchange, could soon lose its ability to serve customers across the European Union after its application for a key regulatory ... The post Binance Faces Potential EU Exit as Greek License Bid Nears Rejection first appeared on [your]NEWS.
Binance Faces Setback In EU Licensing Push As Greece Reportedly Moves To Reject Application
Binance is facing a major regulatory hurdle in Europe after Greece's financial regulator reportedly moved toward rejecting the cryptocurrency exchange's application for a license under the European Union's Markets in Crypto-Assets (MiCA) framework.
Exclusive: Binance set to lose permission to operate in EU, sources say ...
Binance Faces Reported MiCA Setback In Greece Ahead Of July Deadline - Invest In Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Reports indicate Binance could face a MiCA registration setback in Greece before the July 1, 2026 deadline. The Hellenic Capital Market Commission has not publicly confirmed a rejection. Binance says it has received no formal indication that its application is non-compliant. The story matters because MiCA is reshaping how major exchanges op…
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