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Greece has rejected Binance's authorization application under the EU cryptocurrency market regulatory framework, possibly due to political pressure from European Central Bank President Lagarde. Binance submitted an application to the Greek Capital Market Commission earlier in 2026 to establish a holding company, but the application was reversed between June 7th and 15th, 2026. Lagarde told Greek Prime Minister Mitsotakis at the May meeting that Europe does not welcome Binance, as its size as the dominant platform for providing stablecoin liquidity is believed by some policymakers to complicate the European Central Bank's digital euro project. Binance has shifted its focus to France to seek MiCA licensing. (crowdfundinsider)