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

CoinDesk·

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

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Binance's European regulatory application is reportedly facing rejection by the Greek regulator HCMC, according to a Reuters report. Binance disputes this, claiming its application is compliant. The EU license would be a significant milestone for the exchange, potentially expanding its services across the continent. Market implications remain uncertain amidst regulatory scrutiny of crypto exchanges.

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.