Binance Pursues MiCA Approval in Greece As EU Deadlines Loom

Binance submitted an software for authorization beneath the European Union’s Markets in Crypto-Property Regulation (MiCA) in Greece as regulators warn of looming compliance deadlines.

A Binance spokesperson confirmed to Cointelegraph on Friday that the change had filed for a MiCA license in Greece and was working with the nation’s monetary regulator, the Hellenic Capital Market Fee (HCMC).

“We welcome the chance to work intently with the HCMC as this new regulation takes form within the EU and sit up for contributing to the long-term development of the EU’s Europe’s digital monetary ecosystem,” the change’s consultant mentioned.

France flagged Binance amongst non-MiCA-licensed exchanges final week

The information follows France’s Autorité des Marchés Financiers (AMF) warning on Jan. 13 that Binance was amongst 90 crypto firms it had registered, however which stay unlicensed beneath MiCA.

The regulator mentioned it notified the businesses in late 2025 that France’s MiCA transition interval ends on June 30, forcing non-compliant companies to stop operations in July.

Associated: Moldova strikes to manage crypto beneath EU-style MiCA guidelines

Based in 2017, Binance is the world’s largest centralized change (CEX) by buying and selling turnover, averaging $11.9 billion in reported each day quantity, in response to CoinGecko.

“We see MiCA as a constructive and vital milestone for the trade — one which brings better regulatory readability, stronger person protections, and a transparent framework for accountable innovation,” Binance’s spokesperson mentioned.

Greece is but to challenge its first MiCA license

Publicly out there information from the European Securities and Markets Authority (ESMA) signifies that Greece has not issued a single MiCA license for a crypto-asset service supplier (CASP) thus far.

As of Jan. 15, Germany and the Netherlands lead the EU in issued CASP MiCA licenses, with 43 and 22, respectively, whereas France’s AMF has granted 11 authorizations.

Final Friday, KBC — considered one of Belgium’s largest banks — introduced plans to launch Bitcoin (BTC) and Ether (ETH) buying and selling in February.

The financial institution mentioned it anticipated to acquire a MiCA license in Belgium, a rustic that has but to challenge its first authorization beneath the framework.