Citing people familiar with the matter, Reuters reported that the world\u2019s largest cryptocurrency exchange could be forced to stop service to European Union customers as early as next month after its application for a key regulatory license is set to be rejected.<\/p>\n
The threat comes from the EU\u2019s Markets in Crypto-Assets (MiCA) framework, which requires digital asset firms operating within its borders to obtain authorization from a national regulator.<\/p>\n
The report claimed<\/a> that the exchange\u2019s application through Greece\u2019s Hellenic Capital Market Commission (HCMC) is expected to be denied, which would leave it without the authorization needed to continue serving clients from the bloc after the June 30 deadline.<\/p>\n If the situation escalates, this potential setback could become Binance\u2019s largest regulatory hurdle in Europe since the implementation of MiCA a few years ago. The framework is designed to bring crypto firms under a unified regulatory regime, and even Hungary has turned the tide<\/a> after the change in administration earlier this year.<\/p>\n As with essentially all reports from legacy media that might be harmful to Binance in any way, the company has taken a strong stance against those claims. A spokesperson pushed back against the coverage from Reuters, indicating that the exchange has worked with regulators for approximately 18 months and understands that the Green watchdog completed its review, with the application considered compliant.<\/p>\n Binance further said it has not received any formal indication from the HCMC that its application might be rejected.<\/p>\n \u201cBinance remains fully committed to securing our MiCA license and operating under a unified European framework.<\/p>\n With 1,500+ compliance professionals globally, we continue to work closely with regulators while keeping users at the center of every decision,\u201d reads<\/a> a company statement on X.<\/p>\n Binance CEO Richard Teng also weighed in on the matter, saying the company is \u201cdedicated to Europe.\u201d He added that Binance and the team are \u201cdedicated to securing our MiCA license and remain ready to operate under a fair, predictable, and genuinely harmonized European framework.\u201d<\/p>\n In a follow-up post, he reassured the company\u2019s user base of millions that their assets \u201cremain secure.\u201d<\/p>\n Please rest assured that your assets remain secure, are and will remain accessible at all times. Our intention is to support an orderly process and minimise disruption to our users. We will provide a further update prior to June 30 2026.<\/p>\n \u2014 Richard Teng (@_RichardTeng) June 16, 2026<\/a><\/p>\n\n The post Pushing Back at Reuters: Inside Binance\u2019s Fight for Its European Future<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Citing people familiar with the matter, Reuters reported that the world\u2019s largest cryptocurrency exchange could be forced to stop service to European Union customers as early as next month after its application for a key regulatory license is set to be rejected. The threat comes from the EU\u2019s Markets in Crypto-Assets (MiCA) framework, which requires […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-182268","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182268"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=182268"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182268\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Teng Concurs<\/h2>\n