Binance Holdings Ltd. is set to halt key crypto trading and exchange services for users across the European Union starting July 1, 2026, as the bloc’s MiCA (Markets in Crypto-Assets) regulation takes full effect.
A few days ahead of the deadline, the company withdrew its MiCA crypto license in Greece. The decision came after the Hellenic Capital Market Commission (HCMC), the country’s primary financial regulator, signaled serious concerns over Binance’s complex corporate structure and past regulatory issues.
“Binance has decided to withdraw its MiCA license application in Greece and pursue authorization in another EU Member State,” Binance noted.
The move could see Binance seek a MiCA crypto license in France. Furthemore, the crypto exchange admitted that the EU bloc could benefit from its deep liquidity, which former CEO and founder Changpeng Zhao (CZ) reiterated on June 26, 2026.
“Sad to see the EU cutting its users off from the best liquidity in the world
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