Binance has received regulatory approval in France, continues its global expansion

Binance has received regulatory approval in France, as the world’s largest cryptocurrency exchange continues its global expansion and push for regulatory compliance.

Binance bags its first European license in France

The financial market watchdog says Binance has registered a digital asset service provider (DASP) with French financiers Autorité des marés (AMF).

The registration will allow Binance to provide digital asset custody and operate a trading platform for buying and selling cryptocurrencies in France. This is Binance’s first DASP approval from regulators in Europe.

Changpeng Zhao, founder, and CEO of Binance shared a media interview on Twitter, where he said Binance will make Paris central to Europe once approved. Binance has been working on a major compliance push, having recently received licenses in Dubai, Bahrain, and Abu Dhabi.

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