Greece joined the EU MiCA register with four providers, marking the first such entry, while the Greek watchdog HCMC refuted claims that officials had made statements about Binance in a report, denying any link to ECB President Christine Lagarde.
Binance brushed off speculation about ECB involvement in its Greek MiCA bid and said it remains committed to securing authorization in Europe.
Bloomberg reports that Binance is still doing business across Europe without a proper license, relying on loopholes in the EU’s MiCA framework to continue offering its services.
Binance is considering alternative licensing options within the European Union if its application for regulatory approval in Greece does not succeed, according to reports.
Binance has stated that it believes its European Union license application is compliant with regulatory requirements, despite reports suggesting potential rejection by EU authorities.