Is Binance banned in Europe?

Since 1 July 2026, an in-scope provider generally needs Article 63 authorisation or an eligible Article 60 notification route. Binance applied in Greece, withdrew the application days before the deadline, and announced restrictions for affected users in several EU markets. The company made that decision during a regulatory wind-down. The 2026 record contains no EU-wide MiCA ban order. Binance has no current entry in the ESMA CASP snapshot dated 6 October 2026. Belgium’s 2023 national order was a separate event.

Greek application

Withdrawn

24 June 2026, before a formal decision

EU restrictions from

1 July 2026

For users covered by the notice

ESMA CASP entry

None

Belgian FSMA order

23 June 2023

Separate national cease-services order

The timeline

1. January 2026

   Binance applies for a MiCA licence in GreecePending

   Binance files its CASP application with Greece’s securities regulator, the HCMC. CoinDesk reported that Binance had set up a local holding company in Greece.
2. 24 June 2026

   Binance withdraws the applicationNot licensed

   A week before the deadline, Binance announces its withdrawal of the Greek application before any formal decision. Binance cites “status and timeline” and says it will pursue authorisation in another EU member state. Press reports in June said the HCMC had been preparing to refuse the application. The HCMC published no decision.
3. 1 July 2026

   Restrictions begin in affected EU marketsRestricted

   The last MiCA transitional window closes on the final date set by Article 143(3). According to trade press reports on Binance’s notices, Binance halts new sign-ups, deposits, new spot orders and Earn products for users covered by its notice from this date. Withdrawals and outbound transfers remain open.
4. 4 September 2026

   Reports of continued EU onboarding

   Bloomberg reports, citing people familiar with the matter, that Binance still onboards some EU customers under the MiCA reverse solicitation exemption and serves others through its Abu Dhabi entity. According to the same report, ESMA asked Binance to confirm that it was winding down its EU business.
5. 1 October 2026

   Regulators examine the exemption

   The Financial Times reports that ESMA and national regulators in France, Germany and Greece are examining how Binance uses reverse solicitation. ESMA said the exemption “should be understood as very narrowly framed” and that enforcement is a national competence. Binance told Euronews that it is “actively working toward becoming MiCA-authorised.”
6. Since then

   Next member state not announced

   Binance tells affected users their assets “remain safe and accessible” and that it expects to secure a MiCA licence “in the coming months.” As of 12 October 2026, Binance had not announced the next member state, and we found no confirmation from Binance or France’s AMF of press reports about a French application. The ESMA snapshot dated 6 October 2026 contains no current Binance MiCA entry.

Available and suspended account functions

Binance sent account-specific timelines to users, so check the notice for your account. The table covers users named in the wind-down notice. Bloomberg reported in September 2026 that some new EU customers could still open accounts under the reverse solicitation exemption. Before you use another venue, confirm its EEA entity, product access and country availability. Compare licensed alternatives and review the register facts for Binance on its detail page.

The legal outcome

The 2026 record shows a withdrawn application and service restrictions in affected EU markets. It contains no EU-wide MiCA ban order or formal refusal. After 1 July 2026, an in-scope provider generally needs Article 63 authorisation, or, for an eligible financial entity, an Article 60 notification. Binance had no current entry under either route and restricted the regulated services described in its notices. Because MiCA regulates providers, the cited provider rules do not prohibit account holders from keeping an account or using the withdrawal functions in Binance’s notice.

Common questions