European Central Bank President May Have Urged Greece to Reject Binance's MiCA License Application

Odaily reported that Greece rejected Binance's authorization application under the EU's Markets in Crypto-Assets (MiCA) framework, possibly due to political pressure exerted by European Central Bank President Christine Lagarde.

Binance submitted its application to the Hellenic Capital Market Commission earlier in 2026, established a holding company locally, and had already passed key technical reviews. However, the application was swiftly overturned between June 7 and June 15, 2026. During a meeting in May, Lagarde told Greek Prime Minister Kyriakos Mitsotakis that Europe does not welcome Binance. The reason is that Binance, as a dominant platform providing stablecoin liquidity, is considered by some policymakers to be large enough to potentially complicate the European Central Bank's push for the digital euro project.

With the Greek route blocked, Binance has shifted its focus to France in an effort to obtain a MiCA license. (crowdfundinsider)