Binance Forms New Company In Greece, Moves Forward With MiCA Licensing

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Cryptocurrency exchange Binance has taken a significant step toward strengthening its regulatory standing in Europe by establishing a formal presence in Greece and applying for a Markets in Crypto-Assets (MiCA) license ahead of the July 1 deadline. Binance’s Greek Subsidiary

Corporate filingsshow that Binance has set up a new wholly owned subsidiary in Greece under the name “Binary Greece.” The entity has been incorporated as a single-shareholder public limited company with an initial share capital of €25,000.  Related Reading ‘I’m Very Bullish’: Ripple CEO Forecasts Record Performance For Crypto In 2026 18 hours ago

Binary Greece has been structured as a holding company. According to its articles of association, its primary activities include acquiring and managing equity stakes in companies both within Greece and internationally. 

It is also authorized to provide advisory services related to capital structuring, investment strategy, and liquidity management. 

Leadership of the new entity has been assigned to Gillian Majella Lynch, a senior executive with experience in banking, fintech, and digital assets. Lynch joined Binance in mid-2025 as Head of Europe and the United Kingdom.  Greece’s Regulatory Stability Key In License Bid

A Binance spokesperson confirmedto Fortune that the besides formally applying for a MiCA license in Athens, the cryptocurrency exchange is currently engaged in discussions with Greece’s Hellenic Capital Market Commission (HCMC). 

The spokesperson emphasized that Binance sees the MiCA framework as a positive development, offering regulatory clarity and a consistent set of rules that support innovation while ensuring compliance across the European Union. Related Reading Crypto Boom Ahead? Pantera Capital Pinpoints Major Catalysts For 2026 Success 1 day ago

Commenting on the choice of Greece, the exchange’s spokesperson noted that the country plays an important role in the European economy, highlighting that Greece’s economy is growing faster than the EU average and operates within a regulatory environment that Binance considers essential.  BNB’s price is trading at $888 with a 4% drop in the weekly time frame as shown on the daily chart. Source: BNBUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com