Binance is strengthening its commitment to European regulation as the implementation deadline for the EU’s Markets in Crypto-Assets Regulation (MiCA) approaches in July 2026. The exchange has already applied for a license that would allow it to continue operating legally across the European market once the framework becomes fully enforced.

Richard Ting, co-CEO of Binance, said the company is actively evaluating potential locations for its European regulatory base. Among the options being considered is Greece, which the company views as a promising hub for expansion. According to Ting, regulatory conditions are not the only factor guiding this decision. Binance is also looking closely at the availability of skilled professionals, the overall business environment, and security infrastructure.

The exchange currently manages vast digital assets for users worldwide, including billions of dollars in cryptocurrency held in customer wallets. Binance’s global headquarters are located in Abu Dhabi, and the company reports that its platform now serves roughly 300 million users globally.

Ting, who became co-CEO in November 2023, has repeatedly emphasized that Binance aims to become one of the most regulated cryptocurrency exchanges in the industry. This shift reflects growing pressure from governments and financial regulators who want clearer oversight of digital asset platforms.

Source: https://www.arabictrader.com/en/news/cryptocurrencies/209801