Binance Warns of EU MiCA Licensing Risk as Millions Await Crucial June 30 Decision

Binance faces EU access risk as Greek MiCA decision looms

Binance is facing a critical test in Europe, with its ability to serve customers across the European Union reportedly at risk as the bloc’s crypto licensing deadline approaches. The world’s largest crypto exchange is expected to lose permission to operate in the EU from next month because its application for a Markets in Crypto-Assets Regulation, or MiCA, license in Greece is set to be rejected, Reuters reported, citing two people familiar with …

Binance Warns of EU MiCA Licensing Risk as Millions Await Crucial June 30 Decision

Key Takeaways: Binance claims that its MiCA software got the green light from Greece’s regulator, which it says is now in the general EU review process. The exchange continues its efforts to get a license from MiCA until the deadline of June 30. Delay could negatively affect liquidity, competition, and crypto users in Europe, said Binance. User Score8.7 Follow us on Google News Despite the ongoing uncertainty regarding European licensing, Binan…