Binance Seeks EU Crypto License Through Greece
- Binance applies for a MiCA license in Greece.
- Seeks EU-wide operational rights post-approval.
- Potential draw for institutional investors in the EU.
Binance has applied for an EU crypto license in Greece under the MiCA framework through its holding company Binary Greece, currently under review by the Hellenic Capital Market Commission.
This application positions Binance to operate across all EU member states, potentially attracting institutional investors seeking regulatory certainty and fostering greater industry clarity and innovation.
Binance has applied for an EU MiCA license through Greece, seeking regulatory approval. The world’s largest cryptocurrency exchange, Binance submitted its application under its holding company Binary Greece.
The filing is under review by the Hellenic Capital Market Commission. Binance’s spokesperson stated their aim for “clear regulatory frameworks” aligned with MiCA.
“We have submitted our MiCA application and are actively engaging with the Hellenic Capital Market Commission (HCMC).”
Upon approval, Binance could operate across 27 EU countries. This development could bolster institutional investors’ confidence, seeking regulatory certainty.
Binance’s efforts to expand in the EU include prior licenses in France and Italy. The Greek application signals their commitment to the region.
The financial impact remains speculative, as no specific funding details are disclosed. The focus is on strengthening presence and transparency within the EU.
Experts predict Binance’s expansion may raise competition levels. MiCA’s clarity is expected to support sustainable crypto industry growth across member nations.
