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Binance compliant with EU crypto license, says exchange
CoinDesk·
Binance asserts its European regulatory application remains compliant despite reports of a potential rejection by the Greek financial watchdog, HCMC. The exchange is seeking a Markets in Crypto Assets (MiCA) license to operate within the EU, with a deadline approaching at the end of the month. Binance stated that the HCMC has completed its review and deemed the application compliant with MiCA requirements, with further review at the European Securities and Markets Authority (ESMA) level. This clarification comes amid speculation that the application might be denied, which could impact Binance's ability to serve European customers.
Tags
fintech
regulation
crypto
Original Source
CoinDesk — coindesk.com