Binance Races for MiCA Approval in Greece Before EU Regulatory Deadline Hits

Binance isn't waiting around. The exchange giant is making a strategic dash for regulatory clearance in Greece, positioning itself ahead of the European Union's looming Markets in Crypto-Assets (MiCA) framework deadlines.

The Compliance Sprint

This isn't about a simple license application—it's a full-scale operational pivot. Securing a green light from Greek authorities now would give Binance a crucial head start, allowing it to refine its European structure before MiCA's rules become binding for all 27 member states. The move signals a shift from reactive adaptation to proactive governance.

A Blueprint for the Bloc

Greece could become a template. A successful approval here doesn't just open one market; it creates a replicable compliance model for navigating the rest of the EU's fragmented regulatory landscape under the coming unified standard. Other exchanges are watching closely—this is about setting the pace.

The race for legitimacy is on, and the prize is first-mover advantage in a post-MiCA Europe. Because in traditional finance, they build moats; in crypto, you build bridges before the regulators even finish drawing the map.

Engagement With Greek Authorities Begins

A Binance spokesperson confirmed to CryptoNews that the company has formally lodged its MiCA application and has begun discussions with the Hellenic Capital Market Commission (HCMC), the country’s financial regulator.

“We have submitted our MiCA application and are actively engaging with the Hellenic Capital Market Commission (HCMC),” the spokesperson said.

“We view MiCA as an important milestone for the crypto industry, bringing regulatory clarity, stronger consumer safeguards, and a clearer framework for responsible innovation.”

The spokesperson adds that Binance welcomes collaboration with Greek regulators as the EU-wide regime is implemented noting the firm’s intention to support the long-term development of Europe’s digital finance ecosystem.

Unified EU Rules Drive Licensing Push

MiCA aims to FORM a harmonized regulatory system for crypto-asset service providers operating in the European Union replacing the fragmented national registration models.

Once authorized member state firms can offer services across all 27 EU countries through passporting rights. With compliance timelines approaching exchanges face mounting pressure to secure approval.

MiCA represents one of the most comprehensive regulatory frameworks for crypto-assets globally, aiming to provide legal certainty, protect investors and push innovation in the rapidly evolving digital finance space.

France Steps Up Oversight of Crypto Sector

Binance’s application in Greece comes as regulators in France intensify oversight of the crypto industry. In October the French authorities launched anti-money laundering inspections covering dozens of crypto firms, including Binance and domestic exchange Coinhouse.

France conducts AML inspections on Binance and Coinhouse among 100+ entities for MiCA licenses with only 4 firms approved before June 2026 deadline.#France #Binance #Coinbasehttps://t.co/AhYNEuNmzi

The inspections were being led by France’s prudential supervision authority the Autorité de Contrôle Prudentiel et de Résolution (ACPR) as it evaluates which of more than 100 registered entities will qualify for EU-wide authorization under MiCA.

As MiCA reshapes Europe’s crypto regulatory environment the outcome of licensing applications over the coming months is expected to play a decisive role in determining which global platforms maintain access to one of the world’s most significant digital asset markets.