Greece has entered the European Union’s Markets in Crypto-Assets regulatory register for the first time, with four locally supervised providers appearing in the latest update to the European Securities and Markets Authority’s MiCA register. BCash, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank are now listed as authorized crypto-asset service providers.
The September 24 update also added firms from Germany, France and Slovenia, bringing the number of unique authorized providers across the register to 359. Greece had previously remained absent from the authorization list even as other jurisdictions built increasingly large groups of licensed crypto firms.
The new Greek approvals show that crypto supervision in the country is split between two authorities. The Hellenic Capital Market Commission is listed as the competent authority for BCash, Xenios Blockchain Group and Capital Wallet Greece, while the Bank of Greece supervises Piraeus Bank.
Piraeus Bank’s inclusion is notable because it demonstrates how MiCA is drawing conventional lenders into regulated digital-asset services. Its authorization covers crypto custody, execution and transmission of orders, and transfers on behalf of clients. This places a major Greek banking institution inside the same EU-wide framework used by exchanges, brokers, payment firms and digital-asset specialists.
Greece’s entry also follows months of uncertainty around Binance’s failed application. Binance had originally filed for authorization through Greece earlier this year, but withdrew the application on June 24 before the HCMC issued a formal decision. The exchange later restricted services in France and several other EU markets after missing the July deadline.
A disputed report alleged that European Central Bank President Christine Lagarde had intervened after Greek officials indicated the application could be approved. HCMC categorically rejected that account, stating that no HCMC official communicated with ECB officials about the application. The ECB declined to comment, while Binance said it would not comment on speculation and continued to state that it was pursuing MiCA authorization in Europe.
MiCA’s passporting model means authorization in one member state can potentially open access across the wider EU market. Greece now has four authorized providers spanning crypto-native companies and a major bank, although it remains a relatively small licensing center compared with Germany, France and the Netherlands. The more important question is whether the first approvals lead to a larger Greek pipeline and give crypto firms another entry point into the EU framework.
