Binance Could Lose Access to EU Market as MiCA Deadline Approaches
Binance, one of the world's largest cryptocurrency exchanges, is facing uncertainty in Europe as a key regulatory deadline draws closer. Reports suggest that the company's application for a license under the European Union's Markets in Crypto-Assets (MiCA) framework may be rejected in Greece. If that happens and Binance fails to secure approval elsewhere, it could lose the ability to offer its services across the EU starting in July. The MiCA framework was created by the European Union to establish clear and consistent rules for cryptocurrency companies operating within member states. The goal is to improve transparency, strengthen consumer protection, and…