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Binance Withdraws MiCA License Application in Greece, Leaving EU Users in Limbo
Leading crypto exchange Binance has formally withdrawn its Markets in Crypto Assets (MiCA) license application in Greece as it seeks compliance with EU crypto regulations, the firm announced on Wednesday. The firm’s announcement comes just one week after a Reuters report indicated its application was going to be rejected by the Greek finance regulator, HCMC. “Binance has decided to withdraw its MiCA licence application with the Hellenic Capital Market Commission (HCMC) in Greece and pursue authorization in another EU Member State,” the firm wrote on Wednesday. “Over many months, Binance worked constructively ... (full story)