BlockBeats News, February 26th, Binance Chooses Greece as EU Regulatory Hub Before MiCA Deadline.
Binance Co-CEO Richard Teng stated that Greece's workforce and safety conditions gave it an edge over larger financial centers when choosing a European regulatory base.
Binance applied last month to operate in Greece under the EU's Crypto Asset Market Regulatory Framework. Under the MiCA rules, crypto companies must be licensed by July 2026 to continue operating in the EU. Despite Germany issuing 45 licenses and the Netherlands issuing 22, Greece has not approved any according to regulatory agency data, making Binance's choice particularly noteworthy.
