Binance is the world's largest crypto exchange by users and volume, but lost the right to serve EU customers from 1 July 2026 after withdrawing its MiCA application in Greece six days before the deadline. The company halted new registrations, deposits and savings products for EU users, while withdrawals remain open. Binance says it will reapply through another EU country, reportedly France, but has given no confirmed timeline for if or when it returns to the European market.