Binance says MiCA should be judged by who it licenses, not who it excludes
CoinDesk 2026-07-03 06:30:00
Context: Binance, a major cryptocurrency exchange, has expressed its commitment to operating in the European Union despite withdrawing its application for a Markets in Crypto-Assets (MiCA) license just before the July 1 deadline. According to Europe head Gillian Lynch, Binance had fulfilled Greece's licensing requirements, indicating the company's readiness to comply with regulatory standards. The MiCA regulation is a significant piece of legislation aimed at providing a unified regulatory framework for crypto-assets across the EU.
Key Facts
- Binance withdrew its MiCA application days before the July 1 deadline, yet the company remains committed to operating within the European Union, as stated by its Europe head Gillian Lynch.
- Gillian Lynch emphasized that Binance had met Greece's licensing requirements, showcasing the company's ability to comply with specific regulatory standards within the EU.