Binance tells EU users it will no longer provide services after failing to secure MiCA license

Policy Binance tells EU users it will no longer provide services after failing to secure MiCA license A day after withdrawing its MiCA license application in Greece and saying it is ‘not leaving Europe,’ Binance notified users across the European Union that it will suspend some services. By Olivier Acuna | Edited by Sheldon Reback Jun 26, 2026, 10:19 a.m. 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on As MiCA regulations come into full force on July 1, Binance notified users that it is suspending operations in the EU. (Christian Lue/Unsplash) Summary Show Binance has told customers in several EU countries that it will restrict services because it will not have the required Markets in Crypto-Assets (MiCA) license by the July 1 deadline. The exchange, which has halted new registrations in the bloc, says users’ assets remain safe and accessible as it winds down unlicensed EU activities. After withdrawing a MiCA application in Greece, Binance plans to seek authorization in France, saying it remains confident it will secure an EU license in the coming months, the FT reported. Binance, the world's largest crypto exchange by trading volume, told customers in the European Union (EU) it is suspending some services because it will not have a Markets in Crypto-Assets (MiCA) license in place by July 1. Users were emailed to notify them the exchange was no longer able to accept new registrations and would restrict services, a spokesperson for the Abu Dhabi-based company told CoinDesk. "Your assets remain safe and secure, and will remain accessible at all times," the email said. On Thursday, the company said it withdrew its license application in Greece and would seek authorization in another EU country. "Our ambitions in Europe remain the same, and we are confident we will secure a MiCA licence in the coming months," Binance said in a statement to CoinDesk. The exchange intends to approach France instead, the Financial Times reported Friday, citing people familiar with the company's plans. The emails to clients in France, Italy, Poland and Spain come days before a June 30 deadline. Crypto firms must have a MiCA license from at least one EU member state by July 1 to provide services across all 27 member states. Unlicensed firms must wind down their EU activities. Binance MiCA Regulation Latest Crypto News 1 Ethereum treasury firm Sharplink takes in ether for the first time in eight months 32 minutes ago 2 Japanese financial services giant SBI Holdings to buy Bitbank for $289 million 1 hour ago 3 Grant Cardone says he will keep buying bitcoin using real estate cash flows 1 hour ago 4 Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens 3 hours ago 5 Ether, XRP and dogecoin lead a broad crypto selloff as tech stocks tumble 4 hours ago 6 Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink 5 hours ago 7 Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market 13 hours ago 8 Coinbase's Base blockchain resumes after two-hour outage disrupted network 15 hours ago 9 Strategy's yield-generating STRC stock is more correlated with BTC than ever 16 hours ago 10 Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation 17 hours ago Latest Research Equities on Crypto Rails: A Platform Comparison Equities on Crypto Rails: A Platform Comparison US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. By CoinDesk Research 33 minutes ago US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. Why it matters : US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. View Full Report More From Policy Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim Post-prison CZ says time behind bars didn't hurt the billionaire's business after Binance CoinEx denies claims it served as $3.84 billion gateway to sanctioned Iranian crypto firms