Binance Withdraws Greece MiCA License Application, Eyes Another EU Market

Binance has officially withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and plans to pursue regulatory approval in another European Union member state, according to statements shared by the cryptocurrency exchange on Wednesday. The move comes ahead of the European Unions upcoming MiCA compliance deadline, which requires crypto companies to secure authorization from at least one EU country by July 1 in order to continue offering services across the 27-member bloc.