Binance has submitted an application for authorization under the European Union’s Markets in Crypto-Assets Regulation in Greece, signaling a push to secure a regulatory footing ahead of looming compliance deadlines. The exchange confirmed it is working with the Hellenic Capital Market Commission as MiCA transitions toward full enforcement across the bloc.
The move follows warnings from France’s Autorité des Marchés Financiers, which recently flagged Binance among firms still operating without a MiCA license. France has notified registered crypto companies that its transition period ends on June 30, after which non-compliant providers must cease local operations. MiCA, which entered into force in late 2024, establishes a unified framework for crypto-asset service providers across the EU.
Greece has yet to issue its first MiCA license, according to EU regulatory data, placing Binance among early applicants in the jurisdiction. The filing highlights intensifying competition among EU member states to attract regulated crypto activity, while exchanges face growing pressure to align operations with the bloc’s standardized rules.
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