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Cryptocurrencies, Binance got the green light from France

Binance , the largest cryptocurrency exchange market, is now registered in France as digital asset service provider (Dasp) by the financial market regulator AMF thanks to the green light of the competent authorities. It is the first market in Europe to approve the cryptocurrency exchange founded by Changpeng Zhao.

For Binance, it is an important signal from France as it has struggled to convince global regulators in the past. In detail, 100 million euros have already been invested in the transalpine country . According to David Princay, CEO of Binance France, this breakthrough represents “a milestone in the development of cryptocurrencies in Europe”. Binance, among other things, in the last two months has also received the green light to operate in Bahrain, Abu Dhabi and Dubai.

Finally, the company announced that next week Zhao will be in Rome for the event “ CZ meets Italy presented by Blockchain Week Rome 2022.

Via: CorCom