Reuters: Binance to Seek Alternative Routes for EU License and Remain in Europe

Odaily Planet Daily News Even after its efforts to secure an EU operating license in Greece fell through, Binance will not leave Europe and may seek authorization through different channels in the future. If it cannot obtain a license in Greece, it will look for other alternatives.

Binance has held negotiations with regulators in Ireland, Latvia, and Greece, but has encountered resistance in all three countries. Officials have expressed concerns over the company's historical money laundering penalties, complex international structure, and culture of risk appetite. In response, Gillian Lynch stated that Binance is not aware of the specific reasons for the rejection and that the company has invested in compliance and internal controls, now employing approximately 1,500 compliance staff. (Reuters)