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Binance brushes off Lagarde MiCA speculation, reaffirms Europe commitment

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 25 Views

Binance brushes off Lagarde MiCA speculation, reaffirms Europe commitment

Binance declined to address reports of ECB intervention in its Greek MiCA bid, saying it remains committed to securing authorization in Europe.

Binance declined to address a report that European Central Bank President Christine Lagarde intervened in its failed Greek crypto license bid and said it continues seeking authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA).

The Wall Street Journal reported Friday that a vice chair of Greece’s Hellenic Capital Market Commission (HCMC) told Binance that Lagarde had asked Greek Prime Minister Kyriakos Mitsotakis not to approve its application.

Greek officials informed the European Securities and Markets Authority in early June that the regulator intended to approve the license, according to the report.

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