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Binance gets regulatory approval in France

By Shubhangi Mathur - May 05, 2022, 02:00 AM ET
Last Updated - Feb 27, 2024, 06:49 AM EST
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Binance has been granted approval to operate in France, allowing the cryptocurrency exchange to offer trading and custody services for bitcoin and other cryptocurrencies

“Compliance and regulation are critical factors for the success of the crypto and blockchain industry. Over the years, Binance has taken measures to ensure compliance, including growing our international compliance team and advisory board, as well as actively helping to fight fraud and ransomware,” the company said

The crypto exchange gets DASP registration by the French stock market watchdog AMF

Binance has been granted approval to operate in France, allowing the cryptocurrency exchange to offer trading and custody services for bitcoin and other cryptocurrencies.

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The world’s largest crypto exchange has been provided digital asset service provider (DASP) registration by the French stock market watchdog AMF on Wednesday.

“Compliance and regulation are critical factors for the success of the crypto and blockchain industry. Over the years, Binance has taken measures to ensure compliance, including growing our international compliance team and advisory board, as well as actively helping to fight fraud and ransomware,” the company said.

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