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Binance Files for MiCA Licence in Greece, Establishes Local Holding Company

Quick Breakdown

  • Binance submitted MiCA application to Greece’s HCMC, confirmed on 23 January 2026, creating Binary Greece with €25,000 capital for long-term presence.
  • Move targets July 2026 deadline as France warns unlicensed firms like Binance to halt operations post-30 June; Greece yet to issue first CASP licence.
  • HCMC fast-tracks review with EY and KPMG aid; approval enables EU-wide “passporting” for services, boosting Binance’s regulatory clarity push.

 

Binance has applied for a Markets in Crypto-Assets (MiCA) licence through Greece’s Hellenic Capital Market Commission (HCMC). The firm established a new holding company, Binary Greece, to anchor its EU strategy ahead of the critical 1 July 2026 compliance deadline. This step signals Binance’s commitment to MiCA’s uniform framework, which promises stronger user protections and cross-border operations across 27 EU states.

A Binance spokesperson highlighted Greece’s economic growth above EU averages and its stable regulations as key factors. The application follows months of regulator engagement, positioning Binance favourably for approval. If granted, it would mark Greece’s inaugural MiCA crypto-asset service provider (CASP) licence, unlike leaders Germany (43 licences) and the Netherlands (22).

Greece emerges as Binance’s strategic foothold

Greece offers regulatory stability over flashier hubs like Malta, with Binary Greece structured for indefinite operations and international investments. Corporate filings confirm its single-shareholder setup, hinting at major office and hiring plans in Athens.

The HCMC enlisted Ernst & Young and KPMG for swift review, underscoring urgency as EU nations enforce MiCA. France’s AMF flagged Binance among 90 unregistered firms last week, mandating shutdowns from July. Non-compliant risks mount, yet Binance eyes MiCA as an innovation enabler.

Broader MiCA momentum shapes 2026 crypto landscape

The rollout of the Markets in Crypto-Assets (MiCA) regulation is projected to result in 130-140 licensed Crypto-Asset Service Providers (CASPs) across the EU by early 2026, with the majority expected in Germany, the Netherlands, and France. Following licensing, institutions such as Belgium’s KBC bank plan to offer Bitcoin (BTC) and Ethereum (ETH) trading.

DeFi Planet notes parallel trends. Binance Australia has successfully restored direct bank transfers and PayID deposits, ending a two-year disruption for its local users. This vital re-establishment of a fiat gateway, secured through a new payments partnership and compliance enhancements, is seen by executives as a crucial step. They believe this robust fiat foundation, coupled with anticipated regulatory clarity in 2026, will be key to driving future growth and broader crypto adoption.

 

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