Summary
- The world’s largest crypto asset exchange, Binance, said it has applied for MiCA authorisation with Greece’s Hellenic Capital Market Commission.
- Binance said it expects MiCA to strengthen regulatory clarity and user protection, contributing to the long-term growth of the EU digital finance ecosystem.
- France’s Autorité des marchés financiers said the MiCA transition grace period ends on June 30, and warned that firms that fail to meet the requirements must cease operations from July.
As the deadline for the full implementation of the European Union’s (EU) Markets in Crypto-Assets (MiCA) framework approaches, the world’s largest crypto asset exchange, Binance, is reported to have applied for a licence in Greece.
On the 23rd (Korea time), Binance told Cointelegraph in an interview that it had “applied for MiCA authorisation with the Hellenic Capital Market Commission (HCMC) and is working closely with local regulators.” It added that “MiCA is an important milestone that strengthens regulatory clarity and user protection,” and said it “hopes to contribute to the long-term growth of the EU’s digital finance ecosystem.”
The application came shortly after France’s Autorité des marchés financiers (AMF) recently identified Binance as an unlicensed MiCA operator. French authorities have warned that the MiCA transition grace period ends on June 30 and that firms that fail to meet the requirements must cease operations from July.
According to the European Securities and Markets Authority (ESMA), Greece has yet to issue a single MiCA licence to date.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
