WSJ: Lagarde Allegedly Pressured Greece to Block Binance's MiCA License
- —Binance filed its Greek MiCA application in January, picking Athens as its EU entry point
- —By early June, Greek regulators signaled they intended to approve the application, but the process stalled
- —Binance withdrew the Greek bid days ahead of the July 1 MiCA deadline
- —MiCA licenses are granted by national regulators, not the ECB, so Lagarde had no formal veto power
Why it matters: A MiCA license passports across all 27 EU states, so Binance's stalled authorization shifts the regulatory risk calculus for the exchange and its users.
Source: Cryptonews.com