Binance eyes alternative EU licensing route if Greek bid fails: Report
Binance is reportedly looking for another EU licensing route after its Greek authorization process stalled. The exchange says it is not leaving Europe and would apply in another jurisdiction if Greece does not move ahead. It had held talks with several regulators, including Ireland and Latvia, but concerns reportedly included past money-laundering penalties, its global structure, and a perceived risk-taking culture. The timing is critical because the MiCA transition period ends July 1, after which unauthorized crypto firms may have to wind down EU activity immediately. Binance previously said Greek regulators had treated its application as compliant, though it still expected further review. A setback would likely matter more for market access than trading volume: euro pairs are only a small share of Binance’s global spot trading, but Binance still handles substantial daily euro volume and ranks second in euro-denominated spot trading after Kraken.
