Binance Applies for MiCA Licence in Greece Ahead of EU Deadline

• After 2017, when Binance was founded, it positioned itself as the world’s biggest centralised exchange (CEX) as per the trading turnover.
• The leaders of the EU in issuing CASP MiCA licences are Germany and the Netherlands, standing at 43 and 22, respectively.

Binance has recently submitted an application to authorise under the European Union’s Markets in Crypto-Assets Regulation (MiCA) in Greece as regulators alert of emerging compliance deadlines. 

The spokesperson of Binance acknowledged that the exchange had filed for a MiCA licence in Greece and was working with the financial regulator of Greece, the Hellenic Capital Market Commission (HCMC). 

The representative of the Exchange also mentioned that we welcome the opportunity to work with HCMC as this new rule takes shape in the European Union and look forward to contributing to the long-term growth of the EU’s digital financial ecosystem. 

AMF so far issued a warning on January 13 that Binance was one of the 90 crypto companies registered, but it remains unlicensed under MiCA. The regulator mentioned that it notified the firms towards the end of 2025 that the MiCA transition period of France terminated on June 30, putting pressure on non-compliant companies to shut operations in July. 

What did the spokesperson further say?

After 2017, when Binance was founded, it positioned itself as the world’s biggest centralised exchange (CEX) as per the trading turnover, averaging $11.9 billion in reported daily volume, as per CoinGecko. 

The spokesperson further went on to say that ‘We see MiCA as a positive and significant milestone for the industry, one that takes greater regulatory clarity, stronger user protections, and a clean substructure for responsible innovation.”

The European Securities and Markets Authority (ESMA) has revealed data publicly which indicates that Greece has not issued a single MiCA licence for a crypto-asset service provider (CASP) till now. 

The leaders of the EU in issuing CASP MiCA licences are Germany and the Netherlands, standing at 43 and 22, respectively. At the same time, France’s AMF stands at 11. Binance pulled increased scrutiny from the regulators of Europe well before MiCA set its foot with full force in late 2024. 

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