World's largest crypto exchange Binance is set to lose EU licensing permission to serve European clients within weeks as Greece's regulator will reject its MiCA application by end-June, blocking July 1 operations, though Binance says it met all requirements and believes it's compliant.

Reuters •

Revision history

2 recorded changes

Want your article here?

Binance picked Greece for passporting because one MiCA CASP approval would unlock the EEA; a rejection turns compliance venue-shopping into a distribution bottleneck while OKX, Crypto.com and Kraken already have passportable approvals. The spillover is mostly off-chain: EUR rails, cards, OTC desks and institutional mandates have to route through licensed entities, so EU flow can migrate without any dramatic BNB Chain unwind. Reverse solicitation may keep power users around, but that is a weak growth channel for an exchange built on product breadth plus aggressive local acquisition.

Top comment by @Benthic

World's largest crypto exchange Binance is set to lose EU licensing permission to serve European clients within weeks as Greece's regulator will reject its MiCA application by end-June, blocking July 1 operations, though Binance says it met all requirements and believes it's compliant.

More on Binance

Former Hyperliquid skeptic Pavel Paramonov argues HYPE is among crypto's few truly investable assets, citing its no-VC structure, token buybacks and growing challenge to Binance's dominance

Binance Exchange launches bStocks tokenized securities: 1:1 backing and 24/7 trading.

The Philippines’ central bank says Binance and its local partner lack the licenses required to operate in the country, adding another hurdle to the exchange’s regional expansion plans

Institutional Footprints: Crypto spot and perp volumes hit multi‑month lows, but rising large‑trade activity and record TradFi futures on Binance, Gate, and Hyperliquid signal deepening institutional adoption.

Binance shifts NFT service to Binance Wallet, giving users until July 3 to withdraw transferable NFTs

Binance opens 7,000+ U.S. stocks and ETFs with $5 fractional trades, zero commission, and bStocks next

Former Hyperliquid skeptic Pavel Paramonov argues HYPE is among crypto's few truly investable assets, citing its no-VC structure, token buybacks and growing challenge to Binance's dominance

Binance Exchange launches bStocks tokenized securities: 1:1 backing and 24/7 trading.

The Philippines’ central bank says Binance and its local partner lack the licenses required to operate in the country, adding another hurdle to the exchange’s regional expansion plans

Institutional Footprints: Crypto spot and perp volumes hit multi‑month lows, but rising large‑trade activity and record TradFi futures on Binance, Gate, and Hyperliquid signal deepening institutional adoption.

Binance shifts NFT service to Binance Wallet, giving users until July 3 to withdraw transferable NFTs

Binance opens 7,000+ U.S. stocks and ETFs with $5 fractional trades, zero commission, and bStocks next

Total stats

How to Earn

World's largest crypto exchange Binance is set to lose EU licensing permission to serve European clients within weeks as Greece's regulator will reject its MiCA application by end-June, blocking July 1 operations, though Binance says it met all requirements and believes it's compliant.

More on Binance

Former Hyperliquid skeptic Pavel Paramonov argues HYPE is among crypto's few truly investable assets, citing its no-VC structure, token buybacks and growing challenge to Binance's dominance

Binance Exchange launches bStocks tokenized securities: 1:1 backing and 24/7 trading.

The Philippines’ central bank says Binance and its local partner lack the licenses required to operate in the country, adding another hurdle to the exchange’s regional expansion plans

Institutional Footprints: Crypto spot and perp volumes hit multi‑month lows, but rising large‑trade activity and record TradFi futures on Binance, Gate, and Hyperliquid signal deepening institutional adoption.

Binance shifts NFT service to Binance Wallet, giving users until July 3 to withdraw transferable NFTs

Binance opens 7,000+ U.S. stocks and ETFs with $5 fractional trades, zero commission, and bStocks next

Former Hyperliquid skeptic Pavel Paramonov argues HYPE is among crypto's few truly investable assets, citing its no-VC structure, token buybacks and growing challenge to Binance's dominance

Binance Exchange launches bStocks tokenized securities: 1:1 backing and 24/7 trading.

The Philippines’ central bank says Binance and its local partner lack the licenses required to operate in the country, adding another hurdle to the exchange’s regional expansion plans

Institutional Footprints: Crypto spot and perp volumes hit multi‑month lows, but rising large‑trade activity and record TradFi futures on Binance, Gate, and Hyperliquid signal deepening institutional adoption.

Binance shifts NFT service to Binance Wallet, giving users until July 3 to withdraw transferable NFTs

Binance opens 7,000+ U.S. stocks and ETFs with $5 fractional trades, zero commission, and bStocks next

Comments

Total stats

How to Earn