Binance withdraws Greece MiCA application, seeks EU license elsewhere

Binance is pulling its MiCA application in Greece and will seek authorization in another EU member state, days before the July 1 deadline for crypto firms to be licensed in the bloc.

• Binance withdrew its MiCA application with Greece's Hellenic Capital Market Commission
• The exchange plans to pursue authorization in another EU member state but has not named which one
• EU firms not authorized by the July 1 MiCA deadline must wind down activities in the bloc
• Binance handles $100M-$250M in daily euro-pair volume, holding 18.5% of euro-denominated spot trading
• Some EU users may be impacted; Binance says it will communicate directly with affected customers

Coinporta summarises news for fast scanning. Full reporting belongs to the source.