Binance to suspend crypto services in Europe
Binance, the world’s largest cryptocurrency exchange, has decided to suspend its services in several European countries starting next week due to not obtaining the necessary regulatory licenses within the European Union. The company rejected a license application under the Markets in Crypto-Assets Regulation (MiCA) in Greece and expressed its intention to apply again in another EU member state. It also assured that users’ assets will remain safe and accessible. This move comes within a deadline until the end of June 2026 to secure the required licenses, amid increasing legal and regulatory challenges that Binance is facing in Europe.
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