Binance will restrict EU services from July 1 under MiCA rules after failing to secure authorization, though users will still be able to withdraw assets.

Binance is reportedly weighing alternative EU licensing options after its Greek MiCA application encountered a setback ahead of the July 1 deadline.

Crypto exchange Binance formally withdrew its MiCA license application in Greece, one week after a report said it would be denied.

Cryptocurrency exchange Binance said Thursday it will suspend services in several European countries from next week as it has been unable secure regulatory approval to operate in…