Binance asserts its EU crypto license application meets requirements despite reports Greece’s HCMC will reject it ahead of the June 30 deadline.
Binance stated its Markets in Crypto Assets (MiCA) license application complies with EU regulations, contradicting reports that Greece’s Hellenic Capital Market Commission (HCMC) will reject it. The deadline for approval is June 30, after which firms without licenses may cease operations in Europe.
The exchange has pursued the license for 18 months, submitting a comprehensive application to HCMC. Binance said the regulator completed its review and deemed it compliant, with the application also assessed at the European Securities and Markets Authority (ESMA) level.
A rejection would prevent Binance from serving European customers, a significant market for the world’s largest crypto exchange. The HCMC has not publicly confirmed the reported decision.