Binance Founder CZ States Company’s Greek MiCA License Application Fully Complied with Requirements but Withdrawn Due to Political Interference
Binance founder CZ stated that the company’s previously submitted Greek MiCA license application fully complied with requirements and was close to obtaining approval from EU regulators, but was ultimately withdrawn due to political interference.
Regarding rumors that ECB President Lagarde blocked the application, CZ mentioned he saw related information but did not see official documents.
Additionally, CZ expressed that he has made multiple attempts to understand the STRC preferred stock product from Strategy but still does not fully understand it, finding the design too complex, though he does not question Michael Saylor’s credibility.
Source: Public Information
ABAB AI Insight
CZ has previously led Binance's global expansion, and this comment continues his pattern of openly addressing the regulatory environment, similar to past experiences with license applications in multiple countries.
On the capital front, after withdrawing the Greek application, Binance may turn to other EU member states, adjusting capital flows for compliance, motivated by the desire to avoid political risks and maintain its European business, strategically testing the practical implementation difficulties under the MiCA framework.
Similar to other crypto companies facing EU licensing challenges, this move places Binance in a dual observation phase of regulatory politicization and product innovation complexity.
Essentially, this reflects regulatory changes, with political factors reshaping crypto companies' strategies in Europe, where local interventions under the unified MiCA framework influence capital allocation, while the complex design of STRC reflects structural challenges in Bitcoin treasury innovations.
ABAB News · Cognitive Law
Compliance applications do not equal approval; politics is the ultimate variable.
Licenses sell certainty, complex products sell leverage, understanding is the first step to risk.
When European regulations tighten, global decentralization is the long-term survival structure for exchanges.