#HCMC

Binance clears MiCA license application with Greek regulator, update due by June 30

Binance has announced that the Hellenic Capital Market Commission (HCMC) found its MiCA license application compliant and forwarded it to the European Securities and Markets Authority (ESMA). This development follows a January 2026 filing by Binance's local subsidiary, Binary Greece, which was established with €25,000 in share capital. The exchange's positive update directly contradicts a June 16 Reuters report suggesting the Greek regulator intended to reject the application. With the MiCA transitional period ending on July 1, 2026, the outcome is critical for Binance's ability to continue operations across the European Union. A successful authorization would allow the exchange to passport its services to all 27 EU member states under the harmonized regulatory framework. Conversely, failure to secure a license by the deadline could force the world's largest crypto exchange to halt services for European customers. The upcoming ESMA board meeting will serve as the final arbiter for the application, setting a significant precedent for MiCA enforcement across the continent.

cryptobriefing.com·Jun 22