Binance Withdraws Greek MiCA Application Amid Regulatory Uncertainty

Binance has withdrawn its MiCA license application in Greece, citing regulatory issues and an uncertain approval process.

The move comes as the European Securities and Markets Authority (ESMA) prepares to end the transitional period for MiCA on July 1, 2026, after which any crypto-asset service provider without authorization will be in violation of EU law.

Binance had submitted its application to the Hellenic Capital Market Commission (HCMC) in January 2026, but despite maintaining that it had a solid compliance foundation, Greece's stance remains uncertain, with rejection appearing increasingly likely.

The withdrawal allows Binance to pivot and seek authorization in another EU member state, ensuring user assets remain secure and accessible.