CZ: Binance’s Greek MiCA License Application Nearly Approved, Withdrawn Due to External Factors

Odaily Planet Daily reported that Binance founder CZ stated that the company's MiCA license application in Greece fully complied with regulatory requirements and was close to approval before its withdrawal, but ultimately the process was interrupted due to "intervention from external political factors."

In an interview, CZ stated that multiple countries within the EU had expressed interest in the license, and there was even a degree of "competitive courting," but the final regulatory push was affected by non-regulatory factors, forcing the withdrawal of the application. Binance formally withdrew its Greek application last week and stated it would turn to other EU member states to continue pursuing MiCA authorization. Regarding market rumors linking him to high-ranking EU political figures, CZ said he has not seen any verifiable documents, only similar claims circulating online, which he has not confirmed.

CZ also pointed out that the EU's MiCA transitional period will officially end on July 1. By then, platforms without a license must cease operations for related services. National regulatory bodies have clearly stated there will be no extensions, calling this outcome a "lose-lose situation." Citing the regulatory history of Japan and Singapore, he emphasized that compliance processes often require a longer cycle.

Additionally, when discussing Strategy's STRC preferred stock product, CZ said its structure is "too complex" and stated he finds its mechanism difficult to fully understand. However, he emphasized that he makes no judgment on the credibility of its founder, Michael Saylor, calling him a "bitcoin stalwart supporter." (The Block)