Binance withdraws its MiCA license application in Greece and will seek authorization from other EU member states

According to official news, Binance has announced that it has decided to withdraw its MiCA license application submitted in Greece and instead seek authorization in another EU member state. The company stated that this move is based on a prudent assessment of the current approval progress and timeline in Greece, emphasizing that user interests are at the core of the decision.

Binance stated that Europe remains an important market for it, and its commitment to operate in compliance with the EU MiCA unified regulatory framework remains unchanged. It expects to obtain the relevant licenses in a new member state within the next few months, but the specific country will be announced "when ready."