Cryptocurrencies
Crypto Exchange Binance Gets French Regulatory Nod in European Push
- The firm recently won approvals from Bahrain, Dubai, Abu Dhabi
- Some places like Singapore have adopted stricter licensing
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Binance Holdings Ltd., the world’s largest cryptocurrency exchange by trading volume, has secured regulatory approval from the French government, boosting its operational plans across the European continent.
Binance obtained a digital-asset service provider registration, the Paris-based markets authority AMF said on its website, confirming an earlier Bloomberg report. The regulatory nod will help bolster the company’s ambitions in Europe and marks the exchange’s first major approval from a G-7 member nation.