Binance keeps MiCA plans intact despite Lagarde intervention report
Binance has kept its European licensing plans open after declining to address a report that European Central Bank President Christine Lagarde intervened in its failed Greek MiCA application.ăăAccording to a Sept. 18 Wall Street Journal report, a vice chair of Greeceâs Hellenic Capital Market Commission told Binance that Lagarde had asked Greek Prime Minister Kyriakos Mitsotakis not to approve the exchangeâs application. The account has not been publicly confirmed by Lagarde, the ECB or the Greek regulator.ăăâWe will not comment on speculation,â a Binance spokesperson said in response to the report. The exchange maintained that it remains committed to securing authorization under the European Unions Markets in Crypto Assets Regulation, or MiCA.ăăâIn Europe, Binance remains committed to operating on a long-term, compliant basis under the EUs Markets in Crypto-Assets Regulation,â the spokesperson said.ăăBinance Greek MiCA bid was reportedly close to approvalăăGreek officials had informed the European Securities and Markets Authority in early June that the HCMC intended to approve Binances application, according to the Wall Street Journal. The exchange had been preparing for approval weeks earlier and drafted an announcement describing the expected authorization as a major milestone.ăăBinance co-CEO Richard Teng was expected to travel to Athens for a meeting









