Binance Loses MiCA License Bid, Halts New EU Clients
- —MiCAR application in Greece withdrawn ahead of the July 1, 2026 deadline
- —New client onboarding and advertising banned across the EU
- —Trading in USDT and other unregulated stablecoins limited to selling and withdrawals
- —Binance plans to file a new application via France
Why it matters: The largest crypto exchange loses direct access to the EU market, strengthening regulated rivals such as Bitpanda, Kraken, Coinbase and Bitvavo.
Source: Coincierge