Binance Risks Losing EU Market Access as Greek MiCA Licence Bid Faces Rejection

Binance may face barriers to operating across the European Union after June 30, after Reuters reported that the company's application for a MiCA licence in Greece is expected to be rejected. A denial could prevent the world's largest cryptocurrency exchange from using the Greek authorisation to offer services EU-wide under the bloc's new crypto rulebook. Binance said it believes it has satisfied all MiCA requirements and has not received any formal notice that its application will be turned down. If the rejection is confirmed, it would be a significant blow to Binance's European strategy under the EU's incoming regulatory framework.