Published on

25/06/2026 - 20:43 GMT+2

Binance has announced it will suspend cryptocurrency services in multiple European Union countries from next week, after the world's largest crypto exchange by trading volume failed to obtain the regulatory authorisation required to continue operating in the bloc.

The company confirmed it had applied for a licence in Greece under the EU's Markets in Crypto-Assets regulation, known as MiCA, but has since withdrawn that application, saying it intends to reapply through another EU member state.

In an email to French clients on Wednesday, Binance said its French entity "is no longer in a position to accept new clients and from July 1, 2026, will no longer [provide] crypto asset services in France." It subsequently clarified the move was not limited to France. "Similar communications have been sent to affected users in other EU markets," the company said Thursday.