Binance Holdings Ltd. is making preparations to stop providing services in the European Union, as a deadline to receive a license to operate in the bloc draws near and the crypto exchange has yet to receive approval from Greece’s financial regulator.
Binance has received “no formal indication” from Greece’s Hellenic Capital Market Commission that its application has been denied, but the company plans to notify customers in the EU as soon as Tuesday that it may have to exit the region, Eleanor Hughes, Binance’s chief legal officer, said in an interview.