Guavy AI Editorial TeamSentiment: -3Clout: 92

Binance Defies EU Regulators with Plan to Stay in Continent

Crypto platform Binance has announced its intention to stay in Europe despite facing challenges in securing a license to operate. The company's head of Europe and the UK, Gillian Lynch, confirmed that Binance is not leaving the EU.

The comments come after Binance's bid to secure a license in Greece to offer services such as crypto trading in the EU unraveled. The company has one week to secure a license before its current permission to operate in Europe expires.