The regulatory future of Binance in Europe raises new questions after the publication of a Reuters article suggesting a possible rejection of its authorization request. According to this information, the platform may not obtain its MiCA license before the deadline set by the European Union. Faced with this situation, the company quickly reacted by contesting these assertions and reaffirming its desire to continue its efforts with the competent authorities.
In brief
- Reuters claims that Binance's MiCA license application in Greece could be rejected before June 30, 2026.
- Binance disputes this information and indicates that it has not received any official notification of refusal from the authorities.
- The platform claims to have worked with European regulators over the last 18 months to meet the requirements of the MiCA framework.
- Richard Teng confirms that Binance is continuing its efforts to obtain a MiCA license and plans to communicate a new update before the end of the month.
Binance disputes information published by Reuters
As the European regulatory deadline approaches, the crypto sector's preparation remains uneven. While only 7% of European companies are ready to fully meet MiCA requirements, several players are still continuing their compliance efforts. In this context, and according to a Reuters report published on June 16, citing two sources close to the matter, the application filed by Binance with the Hellenic Capital Markets Commission could be rejected before June 30.
According to the media, the lack of authorization would prevent Binance from continuing to offer its services in the 27 member states of the European Union from July. This situation would represent a major setback for the platform, which seeks to secure its presence on the European market within the framework of the new rules applicable to crypto-assets.
Reuters also believes that such a scenario could prolong the uncertainties surrounding Binance's European activities. However, no official confirmation was provided by the authorities concerned at the time of publishing this information.
In response, Binance strongly disputed these claims. The company indicates that it has not received any official signal suggesting a rejection of its request. She also points out that discussions with regulators are continuing and the review process is still ongoing.
MiCA at the heart of the European future of the platform
The MiCA Regulation now requires companies in the crypto-asset sector to obtain authorization from a national regulator in order to operate throughout the European Union. This framework aims to harmonize the rules applicable to players in the cryptocurrency market.
In this context, obtaining a MiCA license constitutes an essential step for platforms wishing to continue their activities in the region. Reuters believes that a rejection of the request would create a period of uncertainty for Binance's European operations.
For his part, the company says it has worked closely with regulatory authorities during the last eighteen months in order to meet the requirements of MiCA. She also indicates that she understands that the examination carried out by the Greek authorities concluded that her file is compliant, while specifying that no negative decision has been notified to her.
Furthermore, the company recalls that it has significant resources dedicated to regulatory compliance on a global scale, with the aim of adapting to the new obligations of the MiCA framework.
A strategy maintained despite uncertainties
Despite the information relayed by Reuters, Binance ensures that it remains fully committed to the European market. The company insists on its desire to obtain the necessary authorization and to continue its discussions with regulatory bodies.
Richard Teng, CEO of Binance, reaffirmed this position in a post on the social network X. He wrote:
Rest assured that your assets remain secure and accessible at all times. Our goal is to ensure an orderly process and minimize disruption to our users. We will keep you informed before June 30, 2026.
Richard Teng, CEO of Binance
At the same time, Binance seeks to reassure its users. The company says asset security remains guaranteed and its priority is to limit any potential disruption to customers. Richard Teng also indicated that a new communication should be published before June 30, 2026.
If Binance ultimately does not obtain MiCA authorization within the expected time frame, the company would face one of its most significant regulatory challenges in Europe since the entry into force of this framework. For the moment, discussions with the authorities continue and the company affirms that it is actively continuing its efforts while awaiting further developments in the matter in the coming weeks.
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