• Binance withdrew its MiCA licence application in Greece and said it will seek authorisation in another European Union member state.
• The move comes days before the July 1 MiCA deadline, when unauthorised crypto firms are expected to begin winding down EU activities.
• Binance said it will take steps to remain compliant and minimise disruption for affected European users.

Binance said it has withdrawn its Markets in Crypto-Assets Regulation application with Greece’s Hellenic Capital Market Commission and plans to pursue authorisation in another European Union jurisdiction ahead of the July 1 licensing deadline.

The decision follows discussions with multiple European regulators and comes after reports that Binance faced scrutiny over previous…