Binance has reportedly withdrawn both applications it had submitted to the Capital Market Commission and the Bank of Greece, following the blockade it ran into in Greece.
The world’s largest cryptocurrency exchange appears to be abandoning, at least for now, its attempt to obtain a license in the country and is now turning its attention to France.
Although all parties consider the failure of the process a given, Kathimerini understands there has not yet been any official communication between the company and Greek authorities, whose officials spoke of a “secret procedure.”
Sources describe an intense activity over the licensing of the cryptocurrency giant, known for its conflicting relations with regulators.
In the discussions taking place within the company, the prevailing view is – according to information – that “the process was politicized” and that the European Central Bank played a decisive role, as it allegedly conveyed to the Greek authorities the message that “Binance is not welcome in Europe.”
