Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider – Regulation Bitcoin News

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Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider – Regulation Bitcoin News
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Binance has received regulatory approval by the French financial regulator to operate as a registered digitalasset service provider. crypto cryptocurrency bitcoin $BTC

“Binance will significantly scale our operations in France to make crypto and our services more accessible to all,” the exchange said.Crypto exchange Binance announced Wednesday that it received approval from the French financial regulator, the Autorité des marchés financiers , to operate as a registered digital asset service provider .The French arm of Binance is now listed as a registered digital asset service provider on the AMF website.

Binance CEO Changpeng Zhao noted: “The French DASP and AML/CFT regulations put in place stringent anti-money laundering and fit and proper requirements to meet the high standards necessary to be regulated in France.” The executive emphasized:“Binance will significantly scale our operations in France to make crypto and our services more accessible to all,” the announcement notes.

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