Binance responds to EU license controversy: Still committed to obtaining operating qualifications under the MiCA framework

Odaily Odaily reports that Binance responded to news regarding its EU license on its X platform, stating that the company remains committed to serving European users and will continue to conduct business in accordance with applicable laws. Binance stated that as the MiCA transition period is about to end, the company is adopting a user-first, prudent strategy to minimize the impact of business adjustments. It will disclose subsequent arrangements and options to users as more information becomes available, with further updates planned for release before June 30, 2026. Furthermore, Binance stated that it has maintained constructive communication with regulators over the past 18 months and actively participated in the MiCA approval process. According to its understanding, the Greek regulators have completed their review of the application and deemed it to meet MiCA requirements; the application has also been reviewed at the European Securities and Markets Authority (ESMA) level. Binance also stated that any delays or deviations in the MiCA authorization process could weaken market liquidity, competition, and user choice, and push some activities outside the EU. The company will continue to seek a compliant operating path under the MiCA framework and will continue to keep users informed of the progress.