Report: Christine Lagarde Allegedly Blocked Binance's Greek MiCA License

According to a Wall Street Journal report, European Central Bank President Christine Lagarde allegedly urged Greek Prime Minister Kyriakos Mitsotakis to reject Binance's application for a Markets in Crypto-Assets (MiCA) license. The intervention reportedly stemmed from concerns that Binance might expand the use of dollar-denominated stablecoins, potentially undermining the digital euro. Binance eventually withdrew its Greek application in June.