Binance Likely to Lose EU License, Reuters Reports, Threatening European Operations

Reuters reports Greece's regulator is expected to deny Binance's MiCA license application ahead of the June 30 deadline. If denied, Binance would have to stop serving EU customers.

• Reuters reports Greece's HCMC will deny Binance's MiCA license application before the June 30 deadline.
• Binance says it believes its application was reviewed as compliant and is pushing back against the report.
• If denied, Binance would need to cease operations across the European Union.
• Around 90 crypto firms are operating in the EU without MiCA compliance, with only 30% having applied.
• The decision could affect Binance's ability to passport services to France, Spain, and Germany.

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Last updated 17 Jun 2026