Two sources told Reuters on Tuesday that regulators in Greece plan to reject Binance’s MiCA license application, putting the world’s largest crypto exchange at risk of losing access to EU customers before July 1.

MiCA Deadline Is July 1 And Binance Has No Approved License

The EU’s Markets in Crypto-Assets framework requires all crypto firms to hold a valid license to serve European customers. 

The transition grace period expires July 1, after which any exchange operating without authorization breaches EU law. 

The European Securities and Markets Authority warned in April that non-compliant firms must wind down EU operations or migrate customers before that date.

Binance applied…

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