Binance withdraws Greek MiCA bid but vows to remain in Europe
CoinDesk·
60-second summary
Binance withdraws its bid for the Greek MiCA license, a crucial step in establishing a European Union base, as the July 1 deadline looms. Without a valid license, regulators will force the company to shut down operations, impacting millions of regional users. This move leaves Binance scrambling to find an alternative EU home base.
The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.