Binance decided to withdraw its application. MicaAccording to a post on X, Crypto Asset Markets regulation or Markets in Greece.
The company announced that it decided to withdraw “After careful consideration of the current status and timeline of the Greek process, with the interest of our users at the center.”
Binance added that Europe is an important market for the platform and its goals remain unchanged. The company confidently stated that they will receive the license in the coming months. The announcement from Binance shows that an application in another member state is said to be coming soon.
Since the deadline to comply with EU rules is July 1, 2026, Binance said it will take “necessary steps” that will impact some users.
“We are confident about our future in Europe and will continue to work with regulators to determine the right path forward for Binance and our customers in the EU.”
It was previously reported Greece pressured not to approve Binance According to MiCA rules. Allegedly, Christine Lagarde He told the Greek Prime Minister Kyriakos Mitsotakis He said Binance is not welcome in Europe.
President Lagarde is European Central BankIt would be an exceptional case for Binance to be blocked while adhering to the stated rules, as it has extraordinary clout and influence in the EU.
