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Binance Seeks MiCA License in Greece

Binance Seeks MiCA License in Greece Amid EU Compliance Push

  • Binance has applied for a license under the EU’s Markets in Crypto-Assets Regulation (MiCA) in Greece.
  • The application is confirmed by a Binance spokesperson, who noted collaboration with the Hellenic Capital Market Commission (HCMC).
  • France’s AMF recently identified Binance as one of the non-MiCA-licensed exchanges, with a compliance deadline of June 30.
  • As of January, Germany and the Netherlands lead the EU with issued CASP MiCA licenses at 43 and 22, respectively.
  • Founded in 2017, Binance is the largest centralized exchange by trading volume, averaging $11.9 billion daily.

Greece has yet to issue any MiCA licenses for crypto-asset service providers, highlighting potential regulatory challenges for firms operating within the EU framework.

With its application for a MiCA license, Binance aims to align with evolving regulations as it navigates compliance deadlines set by European authorities. (Source)

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