Binance Files for MiCA License in Greece Ahead of EU Deadline

Blockchain exchange Binance has applied for a Markets in Crypto-Assets Regulation (MiCA) license in Greece, aiming to meet the July 1 deadline for crypto-asset service providers operating within the EU. The application is being processed with Greece’s Hellenic Capital Market Commission (HCMC), following the establishment of Binance’s local holding company, Binary Greece, in December. The €25,000 capital company was set up as a single-shareholder public limited entity, indicating a long-term strategic presence in the country. Binance stated it is actively engaging with the HCMC, which has expedited the licensing process since the local subsidiary was formed. Without MiCA compliance, Binance would be required to halt services in the EU from July 1. The move comes amid regulatory scrutiny, with France’s AMF noting that many firms have yet to secure licenses. Binance views MiCA as a positive step toward industry clarity and innovation.