币안 Greece license application may be rejected, risk of losing EU service eligibility

According to Odaily, two sources revealed that Binance's license application submitted in Greece is expected to be rejected by regulators, which could result in the loss of its eligibility to provide services to clients within the EU.

The report states that if the license application is ultimately rejected, Binance's compliance layout in the EU market will face significant challenges. However, as of now, the relevant decision has not yet been officially announced. (Reuters)