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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