Binance withdraws Greek MiCA bid but vows to remain in Europe
Binance has withdrawn its application for a crypto license in Greece ahead of the EU's MiCA regulatory deadline. The company maintains that it remains committed to the European market and plans to seek licensing in other member states.
Why it matters
This move highlights the regulatory hurdles crypto exchanges face as the EU implements strict new licensing requirements for digital asset service providers.
While Binance did not immediately respond to CoinDesk s request for comment, Gillian Lynch, head of Europe and the United Kingdom, told Reuters that "Binance is not leaving Europe." Her comment follows her firm s bid to secure a licence in Greece to offer crypto services in the EU went sour.
The article reports on corporate regulatory developments using neutral language and citing official statements from both the company and regulators.
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