Binance to Stop European Union Operations Due to Licensing Issues
Binance 因牌照問題將停止在歐盟營運
Introduction
Binance is ending its services in the European Union because it failed to get the required licenses under the Markets in Crypto-Assets (MiCA) regulation.
Binance 由於未能取得《加密資產市場監管法案》（MiCA）規定的必要牌照，將停止在歐盟提供服務。
Main Body
The decision to stop services comes after Binance's application for a general license in Greece was rejected. Under the MiCA rules, all crypto companies must be authorized by July 1 to avoid legal penalties. Consequently, users in France, Italy, Poland, and Spain—where Binance has local licenses—have been told to withdraw their assets. Although the company plans to apply for authorization through France, it is expected that this approval will arrive after the deadline.
停止服務的決定是在 Binance 申請希臘通用牌照被拒後做出的。根據 MiCA 規則，所有加密貨幣公司必須在 7 月 1 日前獲得授權，以避免法律處罰。因此，在法國、義大利、波蘭和西班牙——即 Binance 擁有當地牌照的地方——的用戶已被告知需提取資產。雖然公司計劃透過法國申請授權，但預計此批准將在截止日期之後才會到達。
Local authorities are increasing their supervision of the market. Carlos San Basilio, the head of Spain's market regulator, emphasized that no extensions will be given to companies that do not follow the rules. He asserted that the main goal is to reduce risk during this closing process, ensuring that clients can transfer their assets safely. Furthermore, the administration has stated that new transactions with unauthorized platforms are forbidden and are not protected by MiCA laws.
當地主管機關正加強對市場的監督。西班牙市場監管機構負責人 Carlos San Basilio 強調，對於不遵守規則的公司將不會給予任何延期。他聲稱主要目標是在此關閉過程中降低風險，確保客戶能安全地轉移資產。此外，行政部門已表示，禁止與未經授權的平台進行新交易，且該類交易不受 MiCA 法律保護。
This situation happens after a period of instability for the exchange. Binance was banned in the UK in 2021 and paid over $4.3 billion in the US to settle criminal charges related to money laundering. Additionally, French authorities have investigated the company for similar issues, which Binance denies. The founder, Changpeng Zhao, was sentenced to prison in 2024 but received a pardon in 2025. Meanwhile, competitors like Bitpanda and OKX have used this news to highlight their own compliance with European laws.
這一情況發生在該交易所經歷一段不穩定時期之後。Binance 在 2021 年被英國禁用，並在美國支付了超過 43 億美元以解決與洗錢相關的刑事指控。此外，法國當局也因類似問題對該公司進行了調查，但 Binance 予以否認。創辦人趙長鵬於 2024 年被判入獄，但於 2025 年獲得赦免。與此同時，如 Bitpanda 和 OKX 等競爭對手則利用此消息來強調其對歐洲法律的合規性。
Conclusion
Binance is currently leaving the EU market to meet the July 1 MiCA deadline, while it tries to obtain a license in another member state for the future.
Binance 目前正退出歐盟市場以符合 7 月 1 日的 MiCA 期限，同時嘗試在另一個成員國取得牌照以作未來打算。
Vocabulary Learning
🚀 The "Logic Link" Upgrade
At the A2 level, you likely use and, but, and because to connect ideas. To reach B2, you need Connectors of Result and Contrast. These words act like road signs, telling the reader exactly how two ideas relate.
⚡ From A2 to B2: The Transformation
Look at how the article moves beyond basic speech:
- The A2 way: "Binance didn't get a license, so users must withdraw money."
- The B2 way: "Consequently, users in France, Italy, Poland, and Spain... have been told to withdraw their assets."
The Magic Word: Consequently Use this when one event is the direct result of another. It sounds professional, academic, and decisive. It replaces the simple word "so."
🔄 Flipping the Narrative: Although
B2 students don't just say "But..." at the start of a sentence. They use concessive clauses to show two opposite facts at once.
"Although the company plans to apply for authorization... it is expected that this approval will arrive after the deadline."
Pro Tip: When you use Although at the start, do NOT use but in the middle.
❌ Although it is raining, but I will go out. ✅ Although it is raining, I will go out.
🛠️ Vocabulary Power-Ups (Contextual Shift)
Stop using "say" for everything. Notice how the text uses specific verbs to show how someone spoke:
- Emphasized Used when someone wants to make a point very strong.
- Asserted Used when someone states a fact confidently.
- Denied Used when someone says something is NOT true.
B2 Challenge: Next time you describe a conflict or a business situation, replace said with one of these three options to instantly sound more fluent.