Binance
Binance withdraws MiCA license application in Greece
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Binance has withdrawn its application for a Markets in Crypto-Assets license in Greece. The company will seek authorization in another European Union country instead. The move comes days before a July 1 deadline under MiCA rules.
Greece’s regulator is preparing to reject Binance’s license application under the EU’s MiCA rules just days before the July 1 deadline. The exchange is now exploring an alternative route through France. Tether’s USDT has already been removed from several licensed EU platforms.
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Binance’s application for a key European Union crypto license is set to be rejected by Greek regulators, according to a Reuters report. The world’s largest crypto exchange disputes the claim and maintains it meets requirements.
Binance is prolonging its promotional program for the USD1 stablecoin, backed by the Trump family, offering airdrops of WLFI tokens to holders. This move follows a high-profile event at Mar-a-Lago hosted by World Liberty Financial and coincides with criticism from Democratic lawmakers, including Elizabeth Warren. The stablecoin has seen significant growth amid broader political scrutiny of crypto ventures.
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Experts from blockchain intelligence firm NOMINIS.io have revealed how Iran's regime employs cryptocurrencies to evade Western sanctions, funding proxy groups in the region. By selling oil to Russia and China for digital payments, Iran maintains economic flows despite restrictions. This network also facilitates activities like espionage, as seen in a recent Israeli indictment.
President Donald Trump pardoned Binance founder Changpeng Zhao on October 21, 2025, after Zhao served four months in prison for anti-money laundering violations. In a recent 60 Minutes interview, Trump admitted he does not know Zhao personally and described the conviction as a Biden administration witch hunt. The pardon coincides with business ties between the Trump family and Binance, raising questions about potential conflicts.
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In a 60 Minutes interview, President Donald Trump stated he does not know Changpeng Zhao, the founder of cryptocurrency exchange Binance, despite pardoning him last month. Zhao had pleaded guilty in 2023 to anti-money-laundering violations and served four months in prison. The pardon has raised questions due to business ties between Binance and the Trump family's cryptocurrency firm.
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