Crypto exchange Binance confirms it will pursue alternative EU licensing routes after failing to secure approval in Greece.
Binance has reaffirmed its commitment to operating in Europe despite its failed bid for a Greek regulatory license. The exchange’s Head of Europe and the UK stated it will explore other pathways to authorization within the EU, following resistance from regulators in Greece, Ireland, and Latvia.
The setback in Greece marks the latest hurdle for Binance as it seeks compliance with the EU’s Markets in Crypto-Assets (MiCA) framework. The exchange has faced regulatory challenges across multiple jurisdictions but remains focused on securing a foothold in the region.
No immediate market reaction was reported, though the announcement signals Binance’s long-term strategy to maintain its European presence amid tightening oversight.