Binance Will Halt Some EU Services After Failing to Secure a MiCA License

The world's largest crypto exchange told users in France, Italy, Spain, and Poland it will suspend some services before the July 1 MiCA deadline, after withdrawing its license application in Greece, and now plans to seek approval in France.

Binance Will Halt Some EU Services After Failing to Secure a MiCA License The world's largest crypto exchange told users in France, Italy, Spain, and Poland it will suspend some services before the July 1 MiCA deadline, after withdrawing its license application in Greece, and now plans to seek approval in France. Aaron Rafferty June 27, 2026 Key Takeaways: Binance, the world's largest crypto exchange, told EU users it will suspend some services because it will not have a MiCA license by the July 1 deadline. The exchange withdrew its license application in Greece on June 24 and has stopped accepting new EU registrations, though it says customer assets stay safe and accessible. Binance now plans to seek a MiCA license in France and says it expects to secure one in the coming months. Binance, the world's largest cryptocurrency exchange by trading volume, told customers across the European Union that it will suspend some services because it will not hold a Markets in Crypto-Assets license, known as MiCA, by the July 1 deadline. Emails went to users in France, Italy, Spain, and Poland, and the exchange has already stopped accepting new registrations in the bloc. MiCA is the EU's single rulebook for crypto, and it draws a hard line. A firm has to hold a license from at least one of the 27 member states to operate across the bloc, and any company without one must wind down its EU business. Binance withdrew its application in Greece on June 24 after the local regulator never issued a decision, which left it without a path to the deadline. The move sorts the market the way regulation was designed to. Rival exchanges that secured MiCA licenses can keep serving EU customers, while the biggest name in the industry has to pull back. Binance said users' assets rem