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

Odaily Planet Daily News Greece rejected Binance's application for authorization under the EU's Markets in Crypto-Assets regulatory framework, possibly due to political pressure from 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 passed key technical reviews. However, the application was rapidly reversed 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 as a dominant platform providing stablecoin liquidity, Binance's scale is considered by some policymakers to potentially complicate the European Central Bank's digital euro project.

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