Binance Withdraws Greek MiCA License Application, What It Means
Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece, a move that raises questions about the exchange’s regulatory strategy across the European Union as MiCA’s transitional period comes to a close. The withdrawal means Binance will not pursue authorization as a crypto-asset service provider (CASP) through Greece’s national regulator. The decision comes as the EU-wide MiCA framework reaches full implementation, with the European Securities and Markets Authority (ESMA) issuing a public statement on the end of MiCA’s transitional period. For related coverage, see Binance Adds AMDB, EWYB, INTCB and MSTRB bStocks Trading Pairs.