Binance withdrew its Greek MiCA application June 24, after Greek regulators reportedly flagged concerns over corporate structure. From July 1 they're suspending new orders, deposits, signups, and Earn/staking for EU users. Only ~200 firms had MiCA licences as of May 2026 out of 1,200+ that had national registrations pre-MiCA. Conversion rate under 18%.
This is going to keep happening. Curious what people are doing with EU holdings, moving to a licensed CEX, going full self-custody, or just waiting it out since withdrawals aren't affected.
(Disclosure: I run a non-custodial swap aggregator, CypherGoat, so I've got a stake in the self-custody side of this conversation, take that as you will.)
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