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TechFlow News, June 16: According to two informed sources, Binance’s application for a Crypto-Asset Service Provider (CASP) license in Greece is expected to be rejected by regulators. If confirmed, this could jeopardize Binance’s ability to obtain critical authorization under the EU’s Markets in Crypto-Assets Regulation (MiCA), thereby affecting its provision of certain services to EU customers.
According to two informed sources, Binance’s application for a Crypto-Asset Service Provider (CASP) license in Greece is expected to be rejected by regulators. If true, this could put Binance at risk of failing to obtain critical authorization under the EU’s Markets in Crypto-Assets Regulation (MiCA), thereby affecting its ability to continue offering certain services to EU customers.
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