{"id":10104,"date":"2026-06-23T06:14:38","date_gmt":"2026-06-23T06:14:38","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10104"},"modified":"2026-06-23T06:14:38","modified_gmt":"2026-06-23T06:14:38","slug":"euro-trading-makes-up-just-1-of-binance-volume-as-mica-licensing-pressure-mounts","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10104","title":{"rendered":"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts"},"content":{"rendered":"

<\/p>\n

\n
\n
\n
    \n
  • Euro-denominated trading accounts for only about 1% of Binance\u2019s global spot volume, according to CryptoQuant, limiting the exchange\u2019s exposure to European regulatory disruption.<\/span><\/li>\n
  • Greece\u2019s Hellenic Capital Market Commission is reportedly set to reject Binance\u2019s licence application ahead of the EU\u2019s July 1 MiCA transitional deadline.<\/span><\/li>\n
  • Rivals Kraken, Coinbase and Bitvavo have already secured MiCA authorisation, gaining passporting rights across all 27 EU member states.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Euro-denominated trading accounts for only about 1% of Binance\u2019s global spot volume, data indicates, blunting the potential fallout as the world\u2019s largest crypto exchange faces a reported rejection of its European licence under the EU\u2019s MiCA framework.<\/p>\n

    CryptoQuant analyst Maartunn flagged the figure, noting that Binance\u2019s daily euro-pair volume has generally ranged between US$100 million (AU$143 million) and US$250 million (AU$357.5 million) in 2026, occasionally spiking above US$600 million (AU$858 million).\u00a0<\/p>\n

    \u201cBinance\u2019s inflows remain globally distributed, which may limit the impact of potential MiCA-related setbacks,\u201d Maartunn stated.<\/p>\n

    Related: Algorand Races Ahead on Quantum Security, Targets Fully Quantum-Resistant Blockchain by 2027<\/strong><\/p>\n

    A Reported License Rejection<\/h2>\n

    The data emerged as Greece\u2019s Hellenic Capital Market Commission is reportedly preparing to reject Binance\u2019s licence application ahead of the July 1 transitional deadline under the Markets in Crypto-Assets regulation, according to Reuters, citing people familiar with the matter.\u00a0<\/p>\n

    Authorisation in any single member state confers passporting rights across all 27 EU countries, so a rejection would complicate Binance\u2019s ability to serve customers throughout the bloc.<\/p>\n

    The exchange\u2019s competitors have moved faster: Kraken, Coinbase and Bitvavo have already secured MiCA authorisation and the passporting that comes with it, positioning them to absorb European demand that Binance may be forced to shed.<\/p>\n

    The July 1 deadline marks the end of a transitional window during which exchanges could keep operating while their applications were assessed. A rejection in Greece would remove that cover, leaving Binance without a clear route to serve EU residents under the new regime.<\/p>\n

    The thin euro share helps explain why Binance may weather the setback. A December 2024 report from data firm Kaiko found that Binance, Bitvavo, Kraken and Coinbase together accounted for more than 85% of all euro-denominated crypto trading volume, underscoring Binance\u2019s importance in the European market even as EUR pairs represent only a small fraction of its global trading activity.\u00a0<\/p>\n

    Losing EU access would cede European ground to already-licensed rivals and underscore a broader post-MiCA shakeout, with only about 210 of more than 1,200 crypto-asset service providers having obtained full authorisation, according to ESMA data cited by analyst Merlijn Geurds.\u00a0<\/p>\n

    Read more: Gaming Industry Unites Against Prediction Market \u201cGambling Loophole\u201d<\/strong><\/p>\n<\/p><\/div>\n

    Binance,Europe#Euro #Trading #Binance #Volume #MiCA #Licensing #Pressure #Mounts1782195278<\/p>\n","protected":false},"excerpt":{"rendered":"

    Euro-denominated trading accounts for only about 1% of Binance\u2019s global spot volume, according to CryptoQuant, limiting the exchange\u2019s exposure to European regulatory disruption. Greece\u2019s Hellenic Capital Market Commission is reportedly set to reject Binance\u2019s licence application ahead of the EU\u2019s July 1 MiCA transitional deadline. Rivals Kraken, Coinbase and Bitvavo have already secured MiCA authorisation,<\/p>\n","protected":false},"author":1,"featured_media":10105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[361,215,2144,387,2992,534,244,734],"class_list":["post-10104","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-binance","tag-euro","tag-licensing","tag-mica","tag-mounts","tag-pressure","tag-trading","tag-volume"],"yoast_head":"\nEuro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10104\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts\" \/>\n<meta property=\"og:description\" content=\"Euro-denominated trading accounts for only about 1% of Binance\u2019s global spot volume, according to CryptoQuant, limiting the exchange\u2019s exposure to European regulatory disruption. Greece\u2019s Hellenic Capital Market Commission is reportedly set to reject Binance\u2019s licence application ahead of the EU\u2019s July 1 MiCA transitional deadline. Rivals Kraken, Coinbase and Bitvavo have already secured MiCA authorisation,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=10104\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-23T06:14:38+00:00\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10104\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=10104\",\"name\":\"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10104#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10104#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/binance-euro.jpg\",\"datePublished\":\"2026-06-23T06:14:38+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10104#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=10104\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10104#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/binance-euro.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/binance-euro.jpg\",\"width\":1920,\"height\":1047},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10104#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=10104","og_locale":"en_US","og_type":"article","og_title":"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts","og_description":"Euro-denominated trading accounts for only about 1% of Binance\u2019s global spot volume, according to CryptoQuant, limiting the exchange\u2019s exposure to European regulatory disruption. Greece\u2019s Hellenic Capital Market Commission is reportedly set to reject Binance\u2019s licence application ahead of the EU\u2019s July 1 MiCA transitional deadline. Rivals Kraken, Coinbase and Bitvavo have already secured MiCA authorisation,","og_url":"https:\/\/cryptonews.uk.com\/?p=10104","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-06-23T06:14:38+00:00","author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=10104","url":"https:\/\/cryptonews.uk.com\/?p=10104","name":"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=10104#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=10104#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/binance-euro.jpg","datePublished":"2026-06-23T06:14:38+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=10104#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=10104"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=10104#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/binance-euro.jpg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/binance-euro.jpg","width":1920,"height":1047},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=10104#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Euro Trading Makes Up Just 1% of Binance Volume as MiCA Licensing Pressure Mounts"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/10104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10104"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/10104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/10105"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}