Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim
Greece joined the EU MiCA register with four providers as HCMC expanded its denial of remarks attributed to officials in a report on Binance.
Greece has become the first EU nation to join the crypto regulatory register for the MiCA law, with four providers receiving authorization. BCash, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank are the four Greek providers that made the list. Six additional providers from Germany, France and Slovenia also joined, bringing the total to 359 unique providers.
Binance, the world's largest crypto exchange, had applied for MiCA authorization but withdrew its application on June 24. The Wall Street Journal reported that ECB President Christine Lagarde intervened to block Binance's application, but the regulator's spokesman denied this claim.
The split in regulator oversight between Greece's Capital Market Commission and the Bank of Greece reflects the country's implementation of MiCA. The HCMC is the competent authority for three of the four Greek providers, while the Bank of Greece is listed as the competent authority for Piraeus Bank.
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