Binance seeks new path to EU license after Greece bid fails

Binance has said it will pursue authorization in another European Union jurisdiction if its licensing application in Greece does not advance before the bloc’s MiCA compliance deadline. Reuters reported that Gillian Lynch, Binance’s head of Europe and the United Kingdom,…

A wallet linked to venture capital giant Andreessen Horowitz (a16z) withdrew 25,560 ether (ETH), worth about $42.62 million, from Binance, a move that landed as ether trades at $1,672. Tracking the Withdrawal The transfer flagged by onchain tracker Lookonchain, said a wallet linked to a16z pulled 25,560 ETH, valued at roughly $42.62 million, off Binance, […]

The scrutiny of compliance practices could reshape competitive dynamics, favoring exchanges with robust regulatory adherence over rapid growth. The post OKX CEO questions Binance’s commitment to compliance culture appeared first on Crypto Briefing.

XRP Binance Withdrawals Hit Highest Share Since 2024 As Traders Watch Accumulation Signal TL;DR XRP withdrawal activity on Binance has reportedly rea

Binance reportedly plans to seek authorization in another EU jurisdiction as the MiCA deadline approaches, with unlicensed crypto firms expected to wind down activities in the bloc.

The exchange has only one week left to comply with the necessary MiCA standards.

Binance's EU strategy faces hurdles, highlighting the critical role of regulatory compliance in accessing major markets and sustaining growth. The post Binance confirms commitment to Europe after Greece license setback appeared first on Crypto Briefing.