Binance says its European regulatory application is compliant despite report of Greek rejection
CoinDesk 2026-06-16 14:55:35
Context: The world's largest cryptocurrency exchange, Binance, has submitted a European regulatory application, which it claims is fully compliant, even as reports emerge that the Greek regulator, Hellenic Capital Markets Commission (HCMC), is set to reject the application. This development has significant implications for Binance's expansion plans in the European market. The rejection would be a major setback for Binance, which has been actively pursuing regulatory approvals in various jurisdictions.
Key Facts
- Binance's European regulatory application, submitted to the Hellenic Capital Markets Commission (HCMC), is set to be rejected, according to a report from Reuters.
- Despite the impending rejection, Binance claims that its application is fully compliant with European regulatory requirements.
- The HCMC is the Greek regulator responsible for evaluating and approving cryptocurrency exchange applications in the country.