Binance Forms New Company In Greece, Moves Forward With MiCA Licensing
Cryptocurrency alternate Binance has taken a big step towards strengthening its regulatory standing in Europe by establishing a proper presence in Greece and making use of for a Markets in Crypto-Assets (MiCA) license forward of the July 1 deadline.
Binance’s Greek Subsidiary
Corporate filings present that Binance has arrange a brand new wholly owned subsidiary in Greece below the title “Binary Greece.” The entity has been included as a single-shareholder public restricted firm with an preliminary share capital of €25,000.
Binary Greece has been structured as a holding firm. According to its articles of affiliation, its major actions embody buying and managing fairness stakes in firms each inside Greece and internationally.
It can be licensed to supply advisory providers associated to capital structuring, funding technique, and liquidity administration.
Leadership of the brand new entity has been assigned to Gillian Majella Lynch, a senior govt with expertise in banking, fintech, and digital property. Lynch joined Binance in mid-2025 as Head of Europe and the United Kingdom.
Greece’s Regulatory Stability Key In License Bid
A Binance spokesperson confirmed to Fortune that the apart from formally making use of for a MiCA license in Athens, the cryptocurrency alternate is presently engaged in discussions with Greece’s Hellenic Capital Market Commission (HCMC).
The spokesperson emphasised that Binance sees the MiCA framework as a constructive growth, providing regulatory readability and a constant algorithm that help innovation whereas making certain compliance throughout the European Union.
Commenting on the selection of Greece, the alternate’s spokesperson famous that the nation performs an necessary position within the European financial system, highlighting that Greece’s financial system is rising sooner than the EU common and operates inside a regulatory surroundings that Binance considers important.
Featured picture from DALL-E, chart from TradingView.com
