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Binance, the world's largest cryptocurrency exchange, has withdrawn its regulatory license application in Greece, cutting off that route to legal operation in the European Union.
The exchange's co-CEO stated publicly that Binance remains committed to securing EU authorization — and by the account in the source, the exchange has one week left to do so.
What an EU Crypto License Actually Means A license from an EU member state is the legal permission that allows a cryptocurrency exchange to offer services to customers across the bloc.
Without one, the exchange cannot operate lawfully inside European Union borders.
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