Binance Withdraws MiCA License Application in Greece and Plans to Seek Approval Elsewhere in the EU

Binance Blog published a new article, providing an update on Binance’s MiCA licensing path in Europe after the company withdrew its MiCA licence application with the Hellenic Capital Market Commission (HCMC) in Greece and decided to pursue authorization in another EU Member State. Binance said it made the decision after reviewing the status and timeline of the process in Greece, citing the lack of a formal decision as the MiCA transition period comes to an end. The company said user interests were central to the move and emphasized that users’ funds remain safe, secure, and accessible at all times. Binance added that it worked with the HCMC “constructively and in good faith” over many months, but chose to move forward in a way it believes will provide more clarity for users while it continues pursuing a compliant, long-term approach in Europe. Binance said it will publicly announce the new EU Member State when it is ready to do so.

Binance said some users may be impacted depending on their country and account status, and that it is contacting all EU users directly with account-specific information. According to the update, these communications will explain whether any action is required, what options may be available, any relevant timelines, and where to go for support. Binance encouraged users to monitor email and in-app notifications, review messages carefully, and contact customer support with questions. The company said it is communicating now to reduce uncertainty and provide practical guidance as early as possible when regulatory timelines or licensing processes create ambiguity. Binance also warned users to be cautious of scams, stating it will never contact users by phone and will not ask for passwords, 2FA codes, or private keys. Despite withdrawing the Greece application, Binance said its commitment to Europe remains unchanged and that it continues to support MiCA’s goal of a consistent EU framework, adding it is confident it will secure authorization in another EU Member State in the coming months.