Report: ECB President Personally Blocked Binance’s EU License
According to a Wall Street Journal report, European Central Bank (ECB) President Christine Lagarde personally intervened to block Binance's application for an EU operating license in Greece. Despite the application clearing technical reviews and receiving initial approval from Greek regulators, Lagarde reportedly pressured Greek Prime Minister Kyriakos Mitsotakis to reject the bid. Her opposition was allegedly driven by concerns over Binance's past US legal issues and the potential impact of dollar-pegged stablecoins on the ECB's digital euro project. Legal experts have characterized this intervention as political interference in a process outside the ECB's formal authority.
Summaries are written by AI from the original article. Not investment advice.