Odaily, citing a Reuters report, said that two people familiar with the matter have disclosed that Binance’s license application submitted in Greece is expected to be rejected by regulators. The reported development is tied to Binance’s ability to provide services to customers across the European Union, making the outcome relevant to the company’s compliance arrangements in the European market.
Greek License Decision Has Not Been Officially Announced
According to the report, if the license application is ultimately rejected, Binance would face the risk of losing its eligibility to serve customers within the EU. For Binance, the Greek license application forms part of its compliance layout for the European Union market, and the final handling of the application would affect how the company arranges services in the relevant region.
As of now, the related regulatory decision has not been officially released. The information in the report comes from two people familiar with the matter, while the final result remains subject to the regulator’s formal announcement. Binance’s compliance process in the EU market will continue to depend on the official outcome of this license application.