The exchange said the Hellenic Capital Market Commission found its filing compliant with MiCA requirements, marking a step toward authorization under the EU’s crypto rulebook.
Binance said the Hellenic Capital Market Commission (HCMC) (Greek capital markets regulator) has finished reviewing the exchange’s Markets in Crypto-Assets, or MiCA (EU crypto regulatory framework), license application and deemed it compliant with MiCA requirements. The exchange said it is now awaiting a further update by June 30. The development would represent progress in Binance’s effort to secure authorization under the European Union’s new crypto regime, which is designed to create a single regulatory framework for crypto-asset service providers across the bloc.