Binance’s Greek License Application Reportedly Rejected, Risking Loss of EU Service Eligibility

Odaily reports that according to two sources, Binance's license application submitted in Greece is expected to be rejected by regulators. This could result in the exchange losing its eligibility to provide services to clients within the European Union.

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