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

Odaily Odaily reported that Greece rejected Binance's authorization application under the EU's Markets in Crypto-Assets (MiCA) 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 swiftly reversed between June 7 and June 15, 2026. During a meeting in May, Lagarde reportedly 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 viewed by some policymakers as potentially complicating the European Central Bank's digital euro project.

With the Greek path blocked, Binance has shifted its focus to France in an effort to secure a MiCA license. (Crowdfundinsider)