Binance has applied for a Markets in Crypto-Assets Regulation (MiCA) license in Greece to continue operating legally in the EU after July 1. The exchange set up a Greek holding company, Binary Greece, signaling a long-term commitment to the region amid Greece's promising economic outlook. MiCA licensing is becoming mandatory for crypto service providers in the EU, with major firms like Coinbase and Kraken already licensed, while others face regulatory pressure or risk ceasing operations.