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Binance Says It Remains Committed to Securing a MiCA License and Updating Users Before 30 June 2026

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2026-06-16 14:55:38
Binance Blog published a new article, explaining where Binance’s MiCA licensing process in Europe stands and why the company says it wants to keep European users informed while it seeks to minimize disruption. Binance said it remains committed to securing a MiCA license and is ready to operate under what it described as a fair, predictable, and genuinely harmonized European framework. The company said it will provide further details directly as additional information becomes available, including next steps and available options, and it plans to issue another update before 30 June 2026. Binance also said it intends to support an orderly process and reduce potential disruption for users. In describing its application efforts, Binance said it entered the MiCA process in good faith, submitted what it called a comprehensive application, and worked with the Hellenic Capital Market Commission (HCMC) in Greece over many months. Binance said its understanding is that the HCMC completed its review and considered the application compliant with MiCA requirements, and that the application was also subject to review at the European Securities and Markets Authority (ESMA) level.

Binance said Europe remains central to its long-term plans and that it will continue to operate in compliance with applicable law. It argued that clear and consistent regulation is important for the region and described MiCA as a key step toward a single EU framework that could benefit users through more choice, better products, deeper liquidity, and stronger competition. The company said it respects the role and independence of regulators across Europe and has worked with regulators over the past 18 months while investing in systems, controls, and teams to meet high regulatory standards. Binance also highlighted broader changes it says it has made over the past two years, including engaging more than 1,500 people in compliance roles, becoming the first crypto exchange to secure a comprehensive suite of licenses under the Abu Dhabi Global Market framework, and preventing nearly $7 billion in potential fraud losses. It added that any delay or distortion in its MiCA path could weaken liquidity, reduce competition and user choice, and push activity, jobs, investment, and tax revenue outside the EU, while reiterating that it will keep users updated as it makes progress.
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