1 month ago
10
Key Takeaways
- Binance will halt crypto services for EU users from July 1 after a MiCA license failure.
- It withdrew its Greek application on June 24 ahead of a likely rejection.
- User funds remain safe and withdrawals stay open; new services stop.
- Binance says it will seek a license in another EU country in the coming months.
Under the EU’s Markets in Crypto-Assets regulation, known as MiCA, any crypto exchange that wants to serve EU clients must hold a valid license from at least one member state by the June 30 deadline. That single license then “passports” across all 27 countries. Binance now holds none.
The exchange had applied through Greece’s Hellenic Capital Market Commission in January 2026, betting on a single Greek license to unlock the whole bloc. But on June 24, after reports that Greek regulators were leaning toward rejecting the bid, Binance withdrew the a...
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