The crypto exchange withdraws its Greek application ahead of a July 1 deadline, opting to seek approval in another EU member state.
Binance has withdrawn its Markets in Crypto Assets (MiCA) license application in Greece, the firm announced June 24, 2026. The decision follows reports that Greek regulators were set to reject the bid ahead of a July 1 compliance deadline for EU crypto firms.
The exchange stated it worked constructively with the Hellenic Capital Market Commission (HCMC) but received no response before the deadline. Binance will now pursue authorization in a different, unnamed EU member state while ensuring compliance with existing requirements.
Some users may face temporary disruptions, though Binance confirmed all funds remain secure. The move highlights challenges crypto firms face in navigating EU regulatory frameworks under MiCA rules.