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Ronaldo Marquez

Binance forms Binary Greece with €25,000 capital, seeks MiCA license ahead of July 1

Binance has incorporated a wholly owned Greek unit named Binary Greece and is pursuing authorization under the Markets in Crypto-Assets regime before the July 1 deadline. Corporate filings state the entity is a single-shareholder public limited company with €25,000 in initial capital, set up as a holding company. According to Fortune, a Binance spokesperson said the exchange has formally applied in Athens and is in discussions with Greece's Hellenic Capital Market Commission.
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