{"id":79888,"date":"2026-06-26T09:30:17","date_gmt":"2026-06-26T09:30:17","guid":{"rendered":"https:\/\/www.europesays.com\/europe\/79888\/"},"modified":"2026-06-26T09:30:17","modified_gmt":"2026-06-26T09:30:17","slug":"mica-deadline-forces-binance-to-wind-down-eu-crypto-services","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/europe\/79888\/","title":{"rendered":"MiCA Deadline Forces Binance to Wind Down EU Crypto Services"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Binance will shut off its services for European Union customers from next week, after withdrawing its bid for a licence under the bloc&#8217;s crypto rules.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The exchange emailed users in Poland, Italy, Spain, and France this week.  <\/p>\n<p>        What Binance Told EU Customers          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">According to Euro News, Binance emailed its French clients. The message said its French unit would stop onboarding new users immediately and would end all crypto asset services in the country from July 1, 2026.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The company confirmed that comparable notices had been sent to affected users in other EU markets.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The notices stated that Binance will not hold a Markets in Crypto-Assets (MiCA) licence by June 30, 2026. The exchange assured that customer funds remain safe.\u00a0\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Follow us on X to get the latest news as it happens  <\/p>\n<p>        The MiCA Deadline Behind the Decision          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">MiCA entered into force in June 2023. Its full licensing regime began in December 2024, opening a window for firms to secure a national licence.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">That window closes July 1, 2026, the hard enforcement date across the European Economic Area. After it, operating without a MiCA licence puts a firm in breach of EU law.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Binance applied to the Hellenic Capital Market Commission in Greece but received no formal decision. It withdrew the bid this week. However, Binance said it would instead pursue a licence through another EU member state.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Europe is an important region for Binance, and our ambition to operate under a clear, fair, and harmonized MiCA framework remains unchanged. We continue to support MiCA&#8217;s goal of creating a consistent regulatory framework for crypto assets across the EU, and we are confident we will secure authorization in another EU Member State in the coming months,&#8221; the exchange stated.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Two people familiar with the process told Reuters that Binance also approached regulators in Ireland and Latvia but faced resistance. The coming time will reveal which member state Binance targets next.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Subscribe to our YouTube channel to watch leaders and journalists provide expert insights  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><iframe loading=\"lazy\" title=\"This is What the Headlines Got Wrong About Binance&amp;apos;s Iran Problem\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/3tkGsq5mFH0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Read the Original story <a href=\"https:\/\/beincrypto.com\/binance-eu-customers-halt-services-mica\/\" data-ylk=\"slk:MiCA%20Deadline%20Forces%20Binance%20to%20Wind%20Down%20EU%20Crypto%20Services;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;MiCA Deadline Forces Binance to Wind Down EU Crypto Services&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">MiCA Deadline Forces Binance to Wind Down EU Crypto Services<\/a> by Kamina Bashir at <a href=\"https:\/\/beincrypto.com\" data-ylk=\"slk:beincrypto.com;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;beincrypto.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">beincrypto.com<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"Binance will shut off its services for European Union customers from next week, after withdrawing its bid for&hellip;\n","protected":false},"author":2,"featured_media":79889,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[10447,635,440,603,39,40,2221,6937,1457,10448,6938,5686,10449,10450,2568,1463,1054,10451,1454,6939,6940,1455,10452,109,10453],"class_list":["post-79888","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-401k","tag-business","tag-business-news","tag-economy","tag-eu","tag-european-union","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/79888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/comments?post=79888"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/posts\/79888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media\/79889"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/media?parent=79888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/categories?post=79888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/europe\/wp-json\/wp\/v2\/tags?post=79888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}