Binance applies for MiCA license ahead of July deadline
Summary
Binance, a major global crypto exchange, has submitted an application for a Markets in Crypto-Assets (MiCA) license in Greece through its local holding corporation, Binary Greece. Securing this license in Greece, which is regulated by the Hellenic Capital Market Commission (HCMC), would allow Binance to passport its services across all 27 EU member states from a single regulatory base. The HCMC is utilizing five major audit and advisory firms, including EY and KPMG, to assist in the complex assessment required by the MiCA framework. This framework mandates that digital asset firms operating in Europe must obtain authorization before July 1, 2026, making this application crucial for Binance to maintain its operations in the region.
(Source:Crypto Briefing)