Binance is one decision away from an EU exit. Export your data first

Last updated: 19 June 2026 · Reading time: 9 minutes

The Greek regulator is reportedly set to refuse Binance's MiCA licence. Binance says its application was found to be compliant. No one official has confirmed it. For a Belgian investor, the smart move is the same in either case: export your full Binance history now, while you still have smooth and unrestricted access.

🔍 The short version (TL;DR)

• Reuters reported on 16 June 2026 that Greece was set to refuse Binance's MiCA application. Binance disputes that and says it was found compliant.
• No regulator (HCMC or ESMA) has publicly confirmed this. The outcome is still open.
• The MiCA transitional period ends on 1 July 2026. Without an EU licence, an exchange may no longer serve EU residents after that date.
• Belgium falls within that deadline, so a Belgian Binance account sits squarely within scope.
• Don't wait for the outcome: export your full transaction history now and put it somewhere you control.

📰 What actually happened

On 16 June 2026, Reuters reported that the Greek Hellenic Capital Market Commission (HCMC) was preparing to refuse Binance's MiCA application, based on two insider sources. Binance submitted that application in January 2026 through a Greek subsidiary, with Athens as its intended gateway to the EU.

Binance responded the same day. In a blog post and on its official channels, the company stated that the HCMC had completed its assessment, considered the application compliant, and that the application was also being reviewed at the ESMA level. Neither the HCMC nor ESMA has responded publicly. Both cite confidentiality.

So two diametrically opposed readings stand against each other, with no official document to settle the matter. Binance promised European users an update before 30 June 2026, one day before the deadline that makes all of this relevant.

When a regulator and the applicant describe the same assessment in opposite terms, the only honest conclusion is that the outcome is still open.

💡 Why a Belgian investor needs to know this

MiCA runs on one mechanism: passporting rights. A licence in one member state lets a platform operate in all 27. The flip side is just as hard: without a licence somewhere in the EU, a crypto exchange may no longer serve EU residents once the transitional period ends. Belgium opted for the maximum 18-month transitional period under MiCA Article 143, which expires on 1 July 2026. From then on, operating without a licence is no longer a grey area.

Belgium is one of those 27 member states, so a Belgian account sits squarely within scope. Competitors are already past this point. Kraken, Coinbase, OKX and others hold a MiCA licence and simply keep operating. Binance, which describes itself as the exchange with the most European users, is the biggest name still on the wrong side of the question.

Some proportion is in order: an EU exit, if it comes, will almost certainly be an orderly wind-down with advance notice, withdrawal windows and instructions, not a switch flipped overnight. ESMA warned back in December 2025 that platforms must prepare plans for such an orderly wind-down, including the transfer of client assets. So your coins are not the vulnerable part. Your data is.

If you want the broader context, read our background guide MiCA in Belgium: consequences for crypto investors and our explainer on DAC8 and automatic reporting to the tax authorities.

🧾 Exporting now is cheap insurance, whoever turns out to be right

We don't forecast regulators, and we don't advise anyone to move funds. The point is narrower, and it holds in every branch of this story. What quietly degrades when an account is restricted, frozen or moved to a different legal entity is your ability to pull a clean, complete export out of it later. The history stays yours, but getting it out in one neat package becomes a chore precisely when you need it most.

Two things make that history exceptionally valuable right now for a Belgian filer:

• The 2026 capital-gains tax fixes your reference cost at the market value on 31 December 2025. For everything you held before 2026, that value counts as the assumed purchase price (step-up basis, a weighted average per asset, art. 102 §4 WIB 92). To determine those positions correctly, you need the full trail from before 2026, not just your recent trades.
• The Belgian tax authorities require you to keep your supporting documents for seven years. A finished export that lives outside the exchange is the simplest way to meet that requirement, regardless of what the exchange does afterwards.

There is also a quieter, Binance-specific reason not to wait. Internal transfers between your Spot, Futures and Margin wallets are only partially re-exportable on Binance. That part of your history is on a ticking clock, whatever the regulator decides. Every month of delay is a month that falls off the back end.

The best time to export your full history was the day you opened your account. The second best time is before 30 June 2026.

⚙️ Get your Binance data out today

This is the master export: the single file package that captures trades, deposits, withdrawals, conversions, rewards and the rest. Do this on the website, not in the app.

1. Log in to binance.com in a desktop browser.
2. Open your transaction history via Orders → Transaction History (or the Wallet → Transaction History menu).
3. Click the export icon in the top right and choose Export Transaction Records.
4. Under Time, set the option to Customize and choose the range from your very first day on Binance to today. Set Account to All and Coin to All.
5. Choose CSV and click Generate. Anything longer than six months is queued, and Binance emails a download link once it's ready.
6. Download the file as soon as the email arrives. The link stays valid for only 7 days.

If you used more than spot

For full coverage, also export every component you actually used. The general statement covers most of it, but these are worth grabbing separately when they apply:

• Spot trade history
• Convert / Buy-Sell
• Simple Earn
• Staking
• Deposits / Withdrawals
• Futures
• Margin (borrow / repay)

✅ Bring it into Cryptotax and finish the year

Once the files are on your device, getting them into Cryptotax is the part that turns raw rows into a Belgium-ready picture. You connect Binance with us via CSV import, and the exact current flow is in our Binance integration guide and the Calculate Binance taxes for Belgium page.

Concretely, you do three things:

1. Upload the statement CSVs. Add them via the Binance CSV import in Cryptotax. The platform parses all the files at once and processes trades, conversions, earn payouts and deposits automatically.
2. Check for completeness. Compare the number of imported transactions with what you see in Binance, and import any missing periods. Also have a look at our checklist of supporting documents for your tax return.
3. Generate your annual reports. Produce the transaction and disposal exports plus the summary and detail PDF for each year you need. That finished package lives outside the exchange.

Don't forget your CAP declaration for Binance either: you must report your foreign Binance account to the Central Point of Contact (CAP) of the National Bank, separately from DAC8. Also check our CAP/DAC8 checklist for foreign exchanges.

When the dust settles before 30 June 2026, you won't be refreshing a status page hoping your account reopens. Your full file will already be in two places you control: a clean Binance export on disk, and a finished Belgian report in Cryptotax.

❓ FAQ: frequently asked questions

Is Binance leaving Belgium or the EU?
As of 19 June 2026, that has not been decided. Reuters reported a possible refusal in Greece, Binance disputes that, and no regulator has confirmed it publicly. Binance announced an update before 30 June 2026.

What happens to my crypto if Binance has to leave the EU?
An EU exit would almost certainly be an orderly wind-down with advance notice and withdrawal windows, not a sudden stop. ESMA is in fact asking platforms to prepare for such an orderly transfer of client assets. The biggest risk is not in your coins, but in still being able to smoothly export your full history later.

Can I connect Binance to Cryptotax via API?
You connect Binance to Cryptotax via CSV import. You export your transaction history from Binance and upload those files. See the Binance integration guide for the steps.

How far back can I export my Binance history?
The general transaction statement goes back to your very first day, but each statement covers at most one year and you can generate up to 15 statements per month. So split it per year. Spot trade history is limited to six months and 10,000 rows per export.

Do I still have to declare my Binance account to the tax authorities?
Yes. You report your foreign Binance account to the CAP of the National Bank and mention it in Vak XIII of your tax return, regardless of whether Binance stays in the EU. Read our CAP guide for Binance.

Sources:

• CoinDesk - Binance says its European regulatory application is compliant despite report of Greek rejection (16 June 2026)
• ESMA - Statement on the end of transitional periods under MiCA
• Binance Support - How to Generate Transaction History
• Income Tax Code 1992 (WIB 92)

⚠️ Disclaimer: This article describes publicly reported developments as of 19 June 2026 and is purely informational, not individual tax, legal or financial advice. The MiCA situation is still open and may change before the announced update of 30 June 2026. Cryptotax models the Belgian regime of “normal management (normaal beheer)”. For specific cases, consult a qualified Belgian tax advisor or request a ruling from the Ruling Commission (Dienst Voorafgaande Beslissingen).