Binance declined to address a September 18 report that European Central Bank President Christine Lagarde intervened against its Greek MiCA application, saying only that it would not comment on speculation. The Wall Street Journal reported that Lagarde asked Greek Prime Minister Kyriakos Mitsotakis not to approve the bid, while Binance maintains it remains committed to securing MiCA authorization in Europe.
Binance had applied through Greece for a license that could have enabled EU-wide operations under the Markets in Crypto-Assets Regulation. Greek officials had indicated the application was complete, but the process later stalled amid concerns over Binance’s compliance history and broader European policy questions, and the exchange ultimately withdrew its Greek application before a formal rejection.
The company has said it intends to pursue authorization through another EU member state, but it has not announced a new MiCA license. The next key development is where Binance files its replacement application and whether regulators approve it, leaving the exchange’s long-term European operating structure unresolved.
Source: The Wall Street Journal.
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