- Binance declined to comment on reports that European Central Bank President Christine Lagarde intervened to block its Greek crypto license bid.
- The Wall Street Journal reported that a Greek regulator vice chair told Binance Lagarde had asked the Greek prime minister not to approve the application.
- Binance reaffirmed its commitment to securing authorization under the European Union’s MiCA framework despite the setback.
Binance declined to address reports that European Central Bank President Christine Lagarde personally intervened to block its failed bid for a Greek crypto license. The exchange said it continues seeking authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
The Wall Street Journal Europe-d905c86d” rel=”noopener noreferrer”>reported Friday that a vice chair of Greece’s Hellenic Capital Market Commission told Binance that Lagarde had asked Greek Prime Minister Kyriakos Mitsotakis not to approve its application. Greek officials informed the European Securities and Markets Authority in early June that the regulator intended to approve the license, according to the report.
However, Binance refused to confirm or deny the allegation. The company instead reiterated its broader European strategy. Meanwhile, the exchange faces ongoing regulatory hurdles across the continent as it works to comply with MiCA standards.
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