Binance Seeks Europe MiCA License as Revolut Prepares GBP‑Pegged Crypto Token

Binance Europe MiCA License

Binance is seeking to secure the Markets in Crypto-Assets Regulation (MiCA) license in Europe. The world’s largest crypto exchange is now positioning Greece as its potential regulatory base to strengthen operations across the EU ahead of the July 2026 MiCA compliance deadline.

While Binance is working on regulatory approval, Britain’s Revolut is testing as a stablecoin pegged to the British pound. Revolut had already secured its MiCA license in October 2025 from Cyprus.

On February 27, 2026, the Revolut GBP token was selected by the UK Financial Conduct Authority (FCA) for the first 2026 stablecoin sandbox, alongside three other smaller companies: Monee Financial Technologies, ReStabilise, and VVTX.

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How Binance’s MiCA License Hunt and Revolut’s GBP Token Shift EU Crypto Rules

EU crypto regulation and Revolut GBP token
Source: Unsplash

Speaking at an event in Tokyo, Binance CEO Richard Teng listed talent pool, safety, and security as the key reasons behind seeking the Binance Europe MiCA License in Greece. He said,

“The license is pretty standard throughout Europe, so we have to think through many other factors, whether it’s social, whether it’s talent pool, safety and security issues. Greece is where we think will be a good base for us to expand in Europe.”

The Binance MiCA deadline is set for July 2026. Companies that don’t obtain approval by then risk losing access to the EU market.

The Markets in Crypto-Assets Regulation (MiCA), first introduced in June 2023, aims to unify EU market rules for crypto-assets. This allows licensed firms to operate across all EU member states through a single regulatory approval. Some call this as MiCA regulatory home.

Both events, Binance’s licensing push and Revolut’s stablecoin plans, highlight increasing crypto adoption in the EU. Apart from that, it has a proper regulatory framework, unlike many parts of the globe that are still struggling to develop market regulations.

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For now, exchanges and other crypto firms are trying to align with EU crypto regulation. Compliance with MiCA will allow them access to one of the biggest markets, while non-compliance will force them to exit.