Crypto Exchange Binance Will Be Rejected for EU Regulatory License: Reuters
Summary
Binance said it believes it is compliant with the EU’s MiCA framework after Reuters reported Greece’s regulator may deny its license application before the June 30 deadline. Binance said it has worked with regulators for 18 months and that its application with Greece’s HCMC was reviewed and considered compliant. The exchange set up a holding company in Greece in December and applied for a MiCA license in January. Approval would let it “passport” services across the EU; denial could force it to stop operating in the bloc. Binance said Europe remains central to its long-term plans and that it aims to minimize disruption for users.
