- The cryptocurrency exchange Binance has encountered difficulties getting a MiCA license in Greece.
- Binance has redirected its focus to France, in anticipation of the soon-to-be enforced MiCA rules within the EU.
Binance is looking to obtain a MiCA license across Europe using France as the gateway. This came as a following apparent setback in Greece. The opposition of the application appears to have been spearheaded by The President of the European Central Bank, Christine Lagarde. In addition, there have been reports that obtaining the license is part of the larger plan in favor of Digital Euro.
Binance applied for MiCA permission via the Greek government’s Hellenic Capital Market Commission in the beginning of the year. This was part of its approach of gaining EU-wide operational rights through this permission. According to the MiCA rules, permission granted by state provides companies to offer their services across the entire EU. Nevertheless, Greek authorities may reject the application despite all efforts from Binance to cooperate with the regulators throughout the procedure.
According to The Big Whale report, the exchange has been cooperating with the regulators. This has been happening for the last eighteen months and believes it meets MiCA criteria. Binance added that it did not receive any official message about the rejection of the company’s application either. Nonetheless, with the upcoming deadline, this issue remains under scrutiny.
🔴 Exclusif @TheBigWhale_
— Grégory Raymond 🐳 (@gregory_raymond) June 17, 2026
MiCA : la France, dernier recours de Binance en Europe
Selon nos informations, la France est désormais la seule option solide de Binance pour conserver un accès au marché européen.
Des discussions sont en cours avec l'AMF, mais aucune candidature…
Emergence of France as a Potential Alternate Pathway
Recent news indicates that Binance might consider France as a potential alternative path to gain MiCA approval, following the difficulties encountered while filing applications in Greece. In addition, news reports indicate that negotiations with the French financial regulator remain ongoing as the exchange explores various ways of staying connected with the European market. It is important to note that worries about stablecoins and Binance’s control in the European cryptocurrency market could have contributed to this difficulty.
The European crypto regulatory environment is already well represented by France Which has issued several MICA licenses under the new legislation. Market participants have expressed that obtaining the necessary authorization may prove to be important for Binance. Because it has to maintain its status in one of the largest regulated crypto markets around the globe.
While Binance considers France as an alternate path to acquire a MiCA license throughout Europe, the continued resistance against the exchange’s Greek licensing bid remains an interesting topic among the European crypto community. The reports involving ECB President Christine Lagarde’s alleged connection to the rejection have sparked talks about the connection between crypto firms and the Digital Euro project by the EU. Given the imminent MiCA deadline, investors will be keen on how Binance will handle the situation.
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