Binance defends EU commitment after withdrawing MiCA license application

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Binance's Europe head Gillian Lynch has defended the company's commitment to the European Union following its withdrawal of a MiCA license application shortly before the July 1 deadline. Lynch argued that the MiCA regulatory framework should be evaluated based on the entities it licenses rather than those it excludes. She noted that Binance had successfully met Greece's licensing requirements, signaling the company's continued operational presence in the region. Despite the application withdrawal, Binance maintains it remains dedicated to serving the European market.

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