Binance Maintains EU Ambitions Despite Licensing Hurdles
From financemagnates.com
Binance is searching for alternative ways to remain in the European Union after its attempt to secure a licence in Greece failed, putting its regional operations at risk ahead of a key regulatory deadline. The crypto must obtain approval under the EU’s Markets in Crypto-Assets (MiCA) framework by the end of June to continue serving customers across the bloc. Without a licence from one member state, firms must stop operating. According to Reuters, Gillian Lynch, Binance’s head of Europe and the UK, said the company remains committed to the region despite the setback. "Binance is not leaving Europe," Lynch said. "We ...
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