Reuters: Binance to Seek Alternative Routes for EU License, Plans to Stay in Europe

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

Currently, Binance has engaged in 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, its complex international structure, and its risk-appetite culture. In response, Gillian Lynch stated that Binance is not aware of the specific reasons for the rejection, noting that the company has invested in compliance and internal controls and now employs approximately 1,500 compliance staff. (Reuters)