Binance Pledges to Stay in Europe After Failing Greek License Bid
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Binance’s bid for a MiCA licence via Greece has collapsed, jeopardizing its ability to serve EU customers after the June 30 MiCA deadline and highlighting regulatory risk for the centralized exchange. The firm says it will remain in Europe and seek alternative regulatory routes while noting its app was downloaded over 4 million times across the EU in 2025, signaling strong adoption despite compliance challenges.
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- Binance’s MiCA license application in Greece has essentially fallen apart.
- Head of European and UK operations, Gillian Lynch, said the company is not leaving Europe.
- Binance’s app has been downloaded more than 4 million times across the EU in 2025.
Binance’s fight to maintain access to the European Union continues after its attempt to secure a MiCA (Markets in Crypto-Assets Regulation) licence through Greece failed. Despite the setback, Binance says it has no intention of leaving Europe and is actively looking for other regulatory routes.
Last week, the company’s MiCA license application in Greece fell apart, raising questions about whether it can keep serving EU customers after June 30. Under the EU’s MiCA rules, crypto companies need approval from one EU country to operate across all 27. Without that license, companies are expected to stop offering regulate…
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