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Binance brushes off Lagarde MiCA speculation, reaffirms Europe commitment

Binance declined to address reports of ECB intervention in its Greek MiCA bid, saying it remains committed to securing authorization in Europe.

Binance brushes off Lagarde MiCA speculation, reaffirms Europe commitment

Binance has dismissed reports suggesting European Central Bank President Christine Lagarde intervened in its failed Greek crypto license application, reinforcing its commitment to operating in Europe. The Wall Street Journal reported that Lagarde reportedly asked Greek Prime Minister Kyriakos Mitsotakis not to approve Binance's application.

Greek officials informed the European Securities and Markets Authority that they intended to approve the license in early June. A Binance spokesperson stated, "We will not comment on speculation," emphasizing the company's long-term, compliant presence in Europe. The exchange withdrew its Greek application and plans to seek authorization in another EU jurisdiction just before the MiCA deadline on July 1. Attempts to reach the ECB and HCMC for comment were unsuccessful by publication time.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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