Binance denies Reuters rumors: the MiCA application meets requirements, the final decision has not yet been made.
Last week, reports emerged in the information space that the Greek regulator was allegedly preparing to reject Binance's application for a license under the Markets in Crypto-Assets (MiCA) regulation. However, as my sources and the exchange's official data show, this information is not true. Binance has already publicly stated that the review of its application is complete and the documents have been found to comply with MiCA requirements.
At this point, no final decision has been made by the Hellenic Capital Market Commission (HCMC). The exchange has committed to providing updated information by June 30. It is important to understand that MiCA is a single regulation for all 27 EU countries, and obtaining a license from one national regulator grants the right to operate across the entire bloc through the passporting mechanism. The transitional period expires on June 30, 2026, and from July 1, without authorization, the platform will not be able to legally serve clients in the EU.
According to data I have been able to verify, Binance has not received any formal signals of rejection. On the contrary, the company claims that its application was found to comply with MiCA, and the documents were additionally reviewed at the level of the European Securities and Markets Authority (ESMA). Moreover, exchange representatives reported that the Greek regulator has notified ESMA of its intention to issue the license at the next meeting of its board.
This situation extends far beyond a single company. It calls into question the uniformity of MiCA application across the EU. The regulation was designed to standardize rules and create predictable conditions for crypto businesses. If a company passes all stages of approval but still faces uncertainty, this raises serious questions about the consistency of regulatory policy.
Binance presents strong arguments in favor of its compliance reputation. Over 1,500 people (about 20% of its staff) are employed in this area, and annual investments in compliance exceed $200 million. In December 2025, the exchange already received full authorization from the Financial Services Regulatory Authority of the Abu Dhabi Global Market. In Europe, Binance serves more users than any other platform, so a delay in licensing will affect not only the exchange itself but the entire market.
My expert commentary: This situation is a clear example of how regulatory uncertainty can undermine trust in a single market. If ESMA and the Greek regulator cannot resolve this issue promptly and transparently, it will create a dangerous precedent that could lead to reduced liquidity, decreased competition, and capital outflows from the EU. Given that about 75% of old crypto platforms may leave the region due to a lack of licenses, Binance remains one of the key players capable of ensuring stability and liquidity in the European market.