Binance seeks MiCA approval in Greece as deadlines approach

Binance seeks MiCA approval in Greece as deadlines approach
Binance applies for a MiCA license in Greece after warning from French regulator

Binance has applied for authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation in Greece, as regulators warn of approaching compliance deadlines.

According to Cointelegraph on Friday, the world’s largest cryptocurrency exchange, Binance, has submitted an application for a MiCA license in Greece and is working with the country’s financial regulator, the Hellenic Capital Market Commission (HCMC).

“We welcome the opportunity to work closely with HCMC as the new EU regulatory framework takes shape and look forward to contributing to the long-term growth of the EU’s digital financial ecosystem,” a Binance spokesperson said.

The application in Greece followed a statement by France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), on January 13, noting that Binance is among 90 crypto companies registered in France that still lack a MiCA license.

The French regulator said it informed companies at the end of 2025 that the MiCA transitional period in France ends on June 30, 2026, forcing non-compliant firms to cease operations in July.

“We view MiCA as a positive and important milestone for the industry, providing greater regulatory clarity, stronger user protection, and a clear framework for responsible innovation,” the Binance spokesperson added.

Greece lags behind in licensing

Data from the European Securities and Markets Authority (ESMA) shows that Greece has not yet issued a single MiCA license to a crypto-asset service provider (CASP).

EU member states ranked by the number of issued MiCA licenses as of Jan. 15. Source: ESMA, Binance.

As of January 15, Germany and the Netherlands lead the EU in the number of MiCA licenses issued to CASPs, with 43 and 22 respectively, while France’s AMF has granted 11 licenses.

Founded in 2017, Binance is the world’s largest centralized cryptocurrency exchange (CEX) by trading volume, averaging $11.9 billion per day, according to CoinGecko.

As a result, Binance has attracted increased regulatory scrutiny. Back in 2021, well before MiCA came into force, several EU member states identified Binance as an unregistered exchange. Since then, the platform has repeatedly received warnings as regulators intensified oversight, further fueled by U.S. charges against Binance founder Changpeng Zhao.

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