Binance Stays Put as EU Deadline Hits Without Confirmed License

Binance has reassured its European users that their funds are safe and secure as the exchange navigates the July 1 MiCA deadline without a confirmed EU-wide crypto-asset service provider license.

The exchange is directing account-specific questions to official customer support channels, with affected users set to retain access to withdrawals and other options communicated through Binance's channels.

This comes after Binance withdrew its MiCA license application in Greece, leaving it without a confirmed licensing route as the deadline approached. The Greek route had been seen as Binance's clearest path to uninterrupted EU service before the deadline.

Binance remains committed to staying in Europe and seeking another authorization route, with regulators in several countries raising concerns over the company's compliance history, structure, and risk profile.