TL;DR:
- Greece entered the EU MiCA register for the first time with BCash, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank.
- The HCMC supervises three crypto providers, while the Bank of Greece oversees Piraeus Bank, reflecting Greece’s divided regulatory structure.
- The additions bring the EU register to 359 providers and follow Binance’s withdrawn Greek application earlier this year, while regulators deny reports of political or ECB interference in that process.
Greece has entered the European Union’s MiCA register for the first time, adding four locally based crypto service providers to the bloc’s regulated market. The latest ESMA MiCA register includes BCash, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank. The additions give Greece its first presence on the EU-wide list of authorized crypto providers, bringing the country into a licensing framework that now spans hundreds of firms across Europe.
Greece Joins the EU MiCA Licensing Map
The four entries also show how Greece has divided crypto supervision between two authorities. The Hellenic Capital Market Commission is listed as the competent authority for BCash, Xenios Blockchain Group and Capital Wallet Greece, while the Bank of Greece oversees Piraeus Bank. That split reflects MiCA’s ability to accommodate both crypto-native firms and traditional financial institutions under national supervision. Banks have already become a larger part of the MiCA-regulated provider landscape, accounting for nearly one quarter of listed entities by mid-September.
The latest update added six other providers from Germany, France and Slovenia, lifting the register to 359 unique crypto-asset service providers. Greece is entering the system after MiCA’s transitional period has ended, when authorization became central to serving EU clients legally. The bloc had already seen a final wave of MiCA authorizations around the July 1 deadline, followed by regular additions as national regulators continued processing applications.
The development also brings fresh attention to Binance’s earlier attempt to secure authorization through Greece. The exchange withdrew its application on June 24 before the HCMC issued a formal decision, losing the chance to become Greece’s first MiCA-authorized provider. A Greek approval would have allowed Binance to use MiCA’s passporting system to serve clients across the EU. The withdrawal later forced the exchange to restrict some EU services while pursuing another regulatory path.
The HCMC has also rejected reports that ECB President Christine Lagarde or Greek government officials intervened in Binance’s application. It said no HCMC official communicated with ECB officials about the case and denied the reported remarks attributed to its vice chair. That clarification separates Greece’s first successful MiCA registrations from the unresolved controversy around Binance’s withdrawn bid. Binance has continued seeking a new European licensing route after leaving the Greek process. For Greece, the milestone establishes its first regulated foothold under MiCA.
