Binance Chooses Greece as EU Base, Citing Talent and Security Advantages

Reading Time: < 1 minute

Binance is positioning Greece at the heart of its European expansion strategy, with co-CEO Richard Teng pointing to the country’s labour force and security environment as decisive factors in selecting a regulatory base within the European Union.

Speaking on the sidelines of the GFTN Forum in Tokyo, Teng said the world’s largest cryptocurrency exchange weighed a range of considerations beyond the formal licensing framework when determining where to anchor its EU operations.

While the Markets in Crypto-Assets Regulation (MiCA) provides a standardized regime across the bloc, he stressed that social stability, depth of talent and safety were equally important in the decision-making process.

Last month, Binance applied in Greece for authorization under the EU’s MiCA framework, which requires crypto firms to secure a license by July 2026 in order to continue operating across the single market. The exchange currently safeguards roughly $44 billion worth of Bitcoin in customer wallets and serves around 300 million users globally. Its broader regulatory headquarters is located in Abu Dhabi.