Binance Faces EU Scrutiny Amid Mica Compliance Claims

WHO:

Cointelegraph - Binance is the organization facing scrutiny.

Techmeme - Changpeng Zhao is the founder of Binance.

WHAT:

Cointelegraph - ESMA stated that EU crypto clients must be served through a MiCA-authorized entity.

Techmeme - Changpeng Zhao claimed that Binance's MiCA application in Greece was fully compliant and close to approval by at least one EU regulator.

WHERE:

Techmeme - The MiCA application in question is located in Greece.

WHEN:

Cointelegraph - The scrutiny follows the MiCA deadline.

WHY:

Techmeme - Changpeng Zhao mentioned that "other forces" opposed the approval of Binance's MiCA application.

HOW:

Techmeme - The application process involved compliance with MiCA regulations.

(UPDATED June 30, 2026 13:37 UTC)

Binance is currently under scrutiny as the European Securities and Markets Authority has stated that EU crypto clients must be served through a MiCA-authorized entity. Changpeng Zhao, the founder of Binance, has asserted that the company's MiCA application in Greece is fully compliant and nearing approval by at least one EU regulator, despite facing opposition from "other forces." The application process has involved strict adherence to MiCA regulations, following the recent deadline for compliance.