Binance Scores First European Regulatory Approval in France

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Cryptocurrency exchange giant Binance has scored a major milestone as the first trading platform to be registered in France.

Binance, the world’s largest cryptocurrency exchange by trading volume, has been given the green light by France regulators to operate a digital asset trading platform in the country.on Wednesday , Binance became registered as a Digital Asset Service Provider in France by the country’s stock market regulator, Autorité des marchés financiers . Additionally, the post informed that the company had secured approval from the Autorité de Contrôle Prudentiel et de Résolution .

The announcement also stated that the exchange obtained the registration after fulfilling stringent requirements from French regulators. As a registered DASP, Binance will offer crypto trading and custody services in France.“We are grateful to the AMF and ACPR, who demonstrated a commitment to innovation that made it possible for Binance to navigate the entire application process.

Binance’s DASP registration is a first for the crypto exchange in Europe. Meanwhile, the company has received licenses in the

 

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Yes and no, cause a lot of services are now unavailable. And positive is more strict to activate your account, which is good against frauds

Great….maybe report how no one should use them until they can address proof of assets like what they’ve continued to fail to address, especially with $doge.

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France approves Binance to operate digital asset trading servicesBinance can now operate its digital asset trading platform in France, meaning it can custody digital assets and facilitate crypto trades.
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