Binance says its European regulatory application is compliant despite report of Greek rejection
Binance maintains that its application for a MiCA license in Greece is compliant with regulatory requirements, despite reports suggesting a potential rejection by the Hellenic Capital Market Commission. The exchange claims the regulator previously indicated the application was on track for approval.
Why it matters
Regulatory compliance is critical for Binance's continued operations in the European market under the new MiCA framework.
Binance’s Markets in Crypto Assets (MiCA) license application, which has to be approved by a deadline at the end of this month, is going to be rejected by the Greek financial watchdog Hellenic Capital Market Commission (HCMC), according to the report, which cited two people familiar with the situation.
The article balances the report of a rejection with the company's official statement of compliance.
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