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Binance Withdraws EU License Bid | Bitcoin and Crypto News
Description
Binance pulls its EU license bid in Greece ahead of MiCA’s July deadline, pausing services and new sign-ups—but its Europe boss insists the real win is getting firms into regulation, not just passing laws. Facing regulator pushback over compliance, Binance fires back, claiming it shuts down suspicious accounts fast and denies sanction or staff retaliation claims. With up to 80% of EU crypto firms possibly exiting MiCA’s tougher rules, 10 million users may need new platforms—yet Binance vows to return with a fresh licensing plan.
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