Binance withdraws Greek MiCA bid, seeks alternative EU license (opens original article in a new tab)

Binance has withdrawn its application for a Markets in Crypto-Assets license in Greece and will seek authorization in another EU country, as the company aims to comply with MiCA regulations before the July 1 deadline.

• Binance withdrew its MiCA license application in Greece
• Binance will seek a license in another EU country before the July 1 deadline
• Greek, Irish, and Latvian regulators raised concerns about Binance's legal issues and structure