Binance scrambles for France after Lagarde sinks Greek bid

cryptonews06-18 06:20

Binance has been left relying on France as its last realistic route to secure a Markets in Crypto-Assets license after its expected authorization bid in Greece reportedly stalled ahead of the European...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBinance scrambles for France after Lagarde sinks Greek bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-18 06:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/binance-scrambles-for-france-after-lagarde-sinks-greek-bid/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance has been left relying on France as its last realistic route to secure a Markets in Crypto-Assets license after its expected authorization bid in Greece reportedly stalled ahead of the European...</p>\n\n<a href=\"https://crypto.news/binance-scrambles-for-france-after-lagarde-sinks-greek-bid/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDLC","symbol_name":"Grayscale CoinDesk Crypto 5 ETF","start_time":0,"source_url":"https://crypto.news/binance-scrambles-for-france-after-lagarde-sinks-greek-bid/","article_id":"2644172789","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/binance-scrambles-for-france-after-lagarde-sinks-greek-bid/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2644172789","pubTimestamp":1781734841,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"The Big Whale reported that Christine Lagarde helped derail Binance’s MiCA application in Greece despite regulatory progress.With the Greek route stalled, France has emerged as Binance’s last realistic option for securing EU-wide authorization.Binance said its application met MiCA requirements and warned approval delays could reduce liquidity and competition.According to a report published Wednesday by The Big Whale, European Central Bank President Christine Lagarde played a key role in blocking Binance’s Greek application despite the exchange having cleared most regulatory requirements.The exchange also stated that it had worked alongside regulators for the past 18 months and participated in the authorization process in good faith. According to Binance, its understanding is that Greece’s regulator completed its review and considered the application compliant with MiCA requirements, while the filing was also reviewed at the European Securities and Markets Authority level.","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"GDLC":"Grayscale CoinDesk Crypto 5 ETF","STCE":"Schwab Crypto Thematic ETF","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","DAPP":"VanEck Digital Transformation ETF","BKCH":"AdvisorShares Sabretooth ETF","EPV":"ProShares UltraShort MSCI Europe","BITQ":"Bitwise Crypto Industry Innovators ETF","BITW":"Bitwise 10 Crypto Index ETF","DIME":"CoinShares Altcoins ETF"},"translate_title":"拉加德拒绝希腊收购后，币安争夺法国","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITQ":0.74,"BITW":0.74,"EPV":0.9,"DAPP":0.74,"BKCH":0.74,"GDLC":0.74,"CRPT":0.74,"NCIQ":0.74,"STCE":0.74,"TEKX":0.74,"DIME":0.74,"LFGY":0.74},"content_text":"Binance has been left relying on France as its last realistic route to secure a Markets in Crypto-Assets license after its expected authorization bid in Greece reportedly stalled ahead of the European Union’s June 30 deadline.\n\n\nSummary\n\n\n\nThe Big Whale reported that Christine Lagarde helped derail Binance’s MiCA application in Greece despite regulatory progress.\nWith the Greek route stalled, France has emerged as Binance’s last realistic option for securing EU-wide authorization.\nBinance said its application met MiCA requirements and warned approval delays could reduce liquidity and competition.\n\n\n\nAccording to a report published Wednesday by The Big Whale, European Central Bank President Christine Lagarde played a key role in blocking Binance’s Greek application despite the exchange having cleared most regulatory requirements.\nSources familiar with the matter told the publication that concerns raised at the political level over stablecoins and Binance’s influence within the European crypto sector ultimately halted the process.\nThe setback has increased pressure on the world’s largest crypto exchange as MiCA’s transition period approaches its final days. Under the EU’s new regulatory framework, crypto firms must secure authorization from a member state regulator by June 30 to continue serving customers across the bloc through MiCA’s passporting system.\nShould Greece fail to approve, Binance would lose access to that route entirely, leaving France as the only remaining jurisdiction considered capable of issuing authorization within the required timeframe, according to The Big Whale.\nDiscussions between Binance and France’s financial regulator, the AMF, are reportedly continuing, although no formal application has yet been submitted.\nFrance emerges as Binance’s remaining option\nAttention has now turned to France after reports surfaced earlier this week that Greek regulators were expected to dismiss Binance’s application. Because MiCA operates under a single-license structure, approval in one member state allows crypto firms to offer services throughout the European Union.\nWith the Greek pathway reportedly closed, Binance’s ability to maintain uninterrupted access to European customers now depends on securing authorization elsewhere before the deadline.\nResponding to reports surrounding the Greek application, Binance reiterated its commitment to the European market. The company said it had adopted what it described as a prudent approach during the MiCA transition and was focused on minimizing disruption for users while providing clarity on any upcoming changes.\nThe exchange also stated that it had worked alongside regulators for the past 18 months and participated in the authorization process in good faith. According to Binance, its understanding is that Greece’s regulator completed its review and considered the application compliant with MiCA requirements, while the filing was also reviewed at the European Securities and Markets Authority level.\nBinance warns of market consequences from delays\nBeyond its own application, Binance argued that delays to MiCA authorizations could affect the European crypto market more broadly. According to the company’s statement, prolonged uncertainty could reduce liquidity, limit competition and consumer choice, and encourage some activity to move outside the European Union.\nMaintaining that it remains committed to Europe, Binance said it is continuing to pursue what it described as the right path forward under MiCA and plans to provide additional updates before June 30.\nThe latest challenge adds to a series of licensing hurdles the exchange has faced in several jurisdictions. Earlier this year, the Bangko Sentral ng Pilipinas stated that neither Binance nor its local partner, BlockShoals Technologies, possessed the virtual asset service provider license required to conduct certain crypto-related activities in the Philippines.\nDespite those regulatory obstacles, Binance has consistently supported MiCA publicly. The company has previously described the framework as a positive step for the industry, arguing that it improves legal certainty, strengthens consumer protections, and creates a more structured environment for crypto businesses operating across Europe.\n\n\n\n\n\n                Read more:\n            \n\n                QCP warns Strategy may sell more Bitcoin to fund dividends","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2644172789","isCrawlerRequest":true}