Svmuu News Binance has withdrawn its application for a MiCA license in Greece due to delays in the approval process and regulatory uncertainty, and was forced to suspend some services for EU users and new registrations a few days before the July 1 deadline. Binance Gillian Lynch, Head of Europe, stated that the success of MiCA should be measured by how many crypto companies are brought under the regulatory framework, and she defended Binance’s financial crime control measures, refuting allegations in a recent Wall Street Journal report.
Lynch said that excluding Binance from MiCA would harm the European crypto market by removing key liquidity and infrastructure, and that Binance remains committed to obtaining a new license and staying in Europe. (CoinDesk).
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Binance: The effectiveness of MiCA should be measured by the number of crypto companies incorporated into the regulatory framework
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