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Binance Pauses EU Services Amid MiCA Deadline
Description
Binance is pausing services across the EU as it races to secure a MiCA license before July 1—or risk shutting down operations entirely. Already halted new sign-ups in key countries like France, Italy, Poland, and Spain, the exchange assures users funds remain safe while winding down unlicensed activities. Though it withdrew its Greek application, Binance’s European commitment stays strong—with France now the likely target for its new license. This move underscores the EU’s sweeping crypto regulations, forcing global players to comply or exit.
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