Crypto & Web3·Jun 16, 2026

Binance says its European regulatory application is compliant despite report of Greek rejection

An EU crypto license application by the world’s largest crypto exchange is set to be rejected by the Greek regulator HCMC, according to a report from Reuters.

CoinDesk1 min readVerified
Binance says its European regulatory application is compliant despite report of Greek rejection
Image · CoinDesk
The gist
2-point summary · 1 min

An EU crypto license application by the world’s largest crypto exchange is set to be rejected by the Greek regulator HCMC, according to a report from Reuters.

  • NewsVideoPricesResearchEventsData & IndicesSponsored Jun 16, 2026, 2:55 p.m.
  • The exchange set up a Greek holding company in conjunction with the HCMC license application, Greek media reported late last year.The Hellenic Capital Market Commission did not immediately respond to requests for comment.12345678910

NewsVideoPricesResearchEventsData & IndicesSponsored Jun 16, 2026, 2:55 p.m. 1 min readBinance sign (modified by Coindesk)SummaryCrypto firms need to obtain a MiCA license to operate in the EU by the end of this month.Binance said the HCMC completed its review of the application and considered it compliant with MiCA requirements.Binance, the world’s largest cryptocurrency exchange, may be unable to serve customers in Europe if its regulatory license application in Greece is turned down, as Reuters reported on Tuesday.Binance’s Markets in Crypto Assets (MiCA) license application, which has to be approved by a deadline at the end of this month, is going to be rejected by the Greek financial watchdog Hellenic Capital Market Commission (HCMC), according to the report, which cited two people familiar with the situation.Binance said it has been pursuing a MiCA license over the past 18 months, including through a comprehensive application process with the HCMC in Greece.“Our understanding is that the HCMC completed its review of the application and considered it compliant with MiCA requirements, and that the application was also reviewed at ESMA level,” a Binance spokesman told CoinDesk via email. The spokesman also said that "HCMC informed ESMA that it was their view that the application was compliant and that they intended to progress the licence and move to authorise at an upcoming Board meeting." Binance chose Greece as its MiCA jurisdiction following speculation that it might seek a license in Malta, where it had offices. The exchange set up a Greek holding company in conjunction with the HCMC license application, Greek media reported late last year.The Hellenic Capital Market Commission did not immediately respond to requests for comment.12345678910

Integrity note  ·  Xela does not rewrite or paraphrase article content. The excerpt above is the source publication's own words, sanitized for display. For the full piece — including any quotes, charts, or images — read it at CoinDesk. Xela's rewritten version is off for this story, so there's no editorial angle attached — you're getting the source's reporting unfiltered. When the rewrite is on, we add a What this means block underneath with the operator/trader takeaway.

What people are saying

Discussion

Hot takes

0/280

Loading takes…

Comments

Discussion · 0

Sign in to comment, like, and save articles.

Sign in

Loading comments…

Newsletter

Track crypto & web3 every morning.

Daily digest tuned to this beat. The 5 stories most worth your time. Unsubscribe anytime.