Binance May Be Forced Out of EU as License Fails

If you’re an EU-based crypto trader and you use Binance, you may need to look for a new exchange shortly. In a blog post on Wednesday, the world’s largest cryptocurrency exchange said that it had withdrawn its application for a Greek license to operate in the EU. Those Markets in Crypto-Assets (MiCA) licenses become mandatory for exchanges to continue to do business after July 1. “Binance is not leaving Europe,” Gillian Lynch, the company’s head of Europe and the United Kingdom, told Reuters. “We may just have a different pathway to being authorised. If it is not Greece, I’m looking at other alternatives.” It has said it intends to pursue…