Lagarde reportedly intervened against Binance EU-wide license bid
ECB President Christine Lagarde reportedly intervened against Binance securing an EU-wide crypto license through Greece, according to The Wall Street Journal.
The report says Greek officials had previously indicated that Binance's application was complete, and the exchange had prepared to announce the license as a major milestone before the process was ultimately derailed.
If confirmed, the episode highlights the regulatory uncertainty facing major crypto exchanges seeking authorization across the EU. The report describes the intervention and licensing process based on sourced reporting rather than a public ECB finding against Binance.