Binance has applied for an EU-wide MiCA license via Greece, setting up a local holding company instead of filing in Malta or Latvia. The application is reportedly on a fast-track review by the Hellenic Capital Market Commission (HCMC), with support from major audit firms including EY and KPMG.

MiCA, effective since 2023, gives crypto firms operating in the EU until the end of June to secure authorization. Companies that fail to obtain approval risk being forced to shut down operations in parts of the EU.