Binance MiCA license uncertainty has left European users waiting for answers, with the exchange saying it will provide an update before July.
Crypto exchange Binance stopped short of directly denying reports that its EU license bid is set to fail, saying it remains committed to Europe and will update users before June 30.
The response leaves European users with little detail less than two weeks before the deadline for crypto firms to secure authorization under the EU’s Markets in Crypto-Assets regulation.
Read also: Changpeng Zhao (CZ) After Binance: What Is He Doing in 2026?
Under MiCA, crypto businesses can receive authorization in one EU country and then use that approval to serve clients across the 27-nation bloc. Binance applied through Greece’s Hellenic Capital Market Commission (HCMC).
Reuters reported on June 16 that Binance is set to lose permission to serve clients across the EU because its license application in Greece is expected to be rejected, citing two people familiar with the matter.
Binance Says Europe Still Matters
The crypto exchange later said in a blog statement it had submitted a “comprehensive application” and worked with the HCMC over many months. The exchange said:
“Our understanding is that the HCMC completed its review of the application and considered it compliant with MiCA requirements. Our understanding is also that the application was subject to review at European Securities and Markets Authority (ESMA) level.”
But it didn’t say whether it had received any assurance that approval would be granted.
Instead, Binance said it would “minimize disruption” and provide another update before June 30, adding that it would share more details on “next steps and available options” when additional information becomes available.
EU Deadline Leaves Users Waiting
As Reuters pointed out, Binance wouldn’t qualify to continue operating in the EU from the start of July.
But Binance argues Europe remains central to its long-term plans, adding that delays in its MiCA path “risks weakening liquidity, reducing competition and user choice, and pushing activity, jobs, investment, and tax revenue outside the EU.”
Read more: What Is MiCA? How the EU Regulates Cryptocurrency Markets in 2026
