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Talent and safety swayed Binance to choose Greece as base for EU expansion
The talented workforce and the level of security that Greece can offer played a key role in Binance’s decision to pick the nation as its main European port.
The acknowledgment came from the chief executive of the cryptocurrency exchange, which recently filed for a license from Athens under the EU’s latest regulations.
The world’s largest trading platform for digital assets by daily volume, Binance, recently chose Greece as a strategic hub for its growth in the European Union.
The country’s qualified workforce and security profile have now been highlighted by the crypto behemoth’s co-CEO Richard Teng as key motives for the move.
Crypto Weekly: Binance's plans in Greece, Revolut's UK crypto token
Published on 02/26/2026
at 07:02 am EST – Modified on 02/26/2026
at 09:26 am EST
STORY: From Binance betting on a home in Greece to Revolut trialing a crypto token pegged to the British pound.
And its co-CEO Richard Teng has said Greece's labor force and security profile gave it the edge over larger financial centers.
The world's biggest cryptocurrency exchange holds about $44 billion worth of bitcoin in its customer wallets.
It last month applied in Greece to operate in the EU under the trading bloc's Markets in Crypto-Assets Regulation scheme.
As income from reserves got a boost from a rise in circulation of its stablecoin token.
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Why Binance MiCA license plans put Greece at the center of its EU expansion
At a time of intensifying crypto regulatory debates, the binance mica strategy is putting Greece in the spotlight as a potential long-term hub in the European Union.
Binance co-CEO Richard Teng has explained why the exchange chose Greece as the jurisdiction where it is seeking its first MiCA license in the European Union. Speaking at the GFTN Forum in Tokyo, he said the team weighed broader criteria than just the legal text of MiCA when selecting a European base.
“The license is pretty standard throughout Europe, so we have to think through many other factors, whether it is social, whether it is talent pool, safety and security issues,” Teng said. “Greece is where we think will be a good base for us to expand in Europe.” However, he did not disclose when he expects the process to conclude.
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