Binance To No Longer Provide Service In Europe

Cryptocurrency exchange Binance has told its European customers that it is no longer providing services on the continent after failing to secure an operating license.

Privately held Binance is the world's largest crypto exchange by trading volume.

Management at Binance has told customers in the European Union (EU) that it is suspending services because it will not have an operating license in place by July 1.

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Users across Europe have been emailed and told the exchange is no longer accepting new registrations and will restrict services across the EU.

The move comes after Binance failed to secure an operating license in Greece, which would have given it access to the entire European Union.

Binance continues to say that it plans to try and secure an operating license in another European country in coming months.

Media reports say that Binance plans to ap

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/crypto/articles/binance-no-longer-europe-202500675.html)