Per Woofun AI, Greece reversed its decision on Binance's Markets in Crypto-Assets (MiCA) application between June 7 and June 15, 2026, following political pressure from European Central Bank President Christine Lagarde. Although Binance had established a local holding company and passed technical reviews with the Hellenic Capital Market Commission earlier in 2026, the authorization was swiftly nullified.

Lagarde reportedly informed Greek Prime Minister Kyriakos Mitsotakis in May that Europe does not welcome Binance, arguing that the exchange's dominant stablecoin liquidity could complicate the digital euro initiative. With the Greek pathway closed, Binance has redirected its regulatory strategy to secure a MiCA license in France.