Binance fails to get MiCA license in Greece, pins hopes on France

Binance has failed to obtain a Markets in Crypto-Assets (MiCA) license in Greece and is now pinning its last hopes on France, French crypto media outlet The Big Whale reported. "Binance's French entity has held a Digital Asset Service Provider (DASP) registration since 2022 and is in discussions with the French Financial Markets Authority (AMF) about the possibility of applying for a MiCA license. An application has not yet been submitted," the outlet explained. Previously, Reuters reported, citing sources, that the Greek financial authority (HCMC) intended to reject Binance's MiCA application. "France is now the only remaining channel for Binance to obtain a MiCA license, but the company is still under investigation for money laundering there," The Big Whale added. "Whether it receives MiCA approval will be a critical factor for the continuation of Binance's European operations."