Regulation· ★★★★· bearish·

Binance did not abandon MiCA license after withdrawing Greek application

  • The Greek application was withdrawn on June 24, ahead of the July 1 deadline
  • The WSJ linked the withdrawal to Lagarde's objections, with no confirmation
  • Binance has not disclosed which EU country it will file a new application in
  • In 2023, Binance paid the U.S. about $4.3 billion in an AML case
Why it matters: Without a MiCA license, Binance cannot operate freely across the EU, adding pressure to its European business.
Source: DiarioBitcoin