Hupzy (Spot On Chain)|Jun 16, 2026 14:15
๐จ ๐๐ฅ๐๐๐๐๐ก๐: Binance risks losing permission to serve EU clients within weeks as its MiCA license application in Greece is expected to be rejected, per Reuters.
The world's largest crypto exchange has spent 18 months engaging with Greece's Hellenic Capital Market Commission. Without approval, Binance cannot operate legally in the EU from July.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: If Binance loses EU access, liquidity fragments across remaining licensed venues โ Kraken, Coinbase, OKX EU โ tightening spreads and shifting volume. EU traders face reduced fiat on-ramp options. The rejection also signals MiCA enforcement is becoming real, not just a paper framework. Other exchanges operating under temporary permissions should watch closely.
https://www.reuters.com/business/finance/binance-set-lose-eu-licence-bid-permission-offer-services-bloc-sources-say-2026-06-16/
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