Binance App Removed from Play Store in France and Spain

The Binance Android app has disappeared from the Play Store in several European Union countries, including France and Spain, due to the lack of MiCA approval. Since the end of the transitional period of the regulation on July 1, crypto-asset platforms must obtain a license to operate with European customers, which Binance has failed to do. In June, Binance withdrew its MiCA approval application from the Greek Financial Markets Commission and plans to submit a new application in another member state. Currently, the app remains accessible in Poland. Without a valid license, Binance has already restricted certain services and the registration of new customers in several countries while maintaining withdrawals. The European Securities and Markets Authority (ESMA) has clarified that unlicensed entities cannot solicit European customers, which could lead to further restrictions for Binance if the situation does not change. The platform hopes to obtain authorization in another member state in the coming months.

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