Crypto Exchange Giant Binance Gets Regulatory Approval In France, Seeks More Approvals In The Region

Cryptocurrency exchange giant Binance (CRYPTO: BNBhas acquired regulatory approval in France, Chief Executive Officer Changpeng Zhao said in a tweet on Wednesday. The move cements Binance’s plan to make Paris its European base.

France’s Financial Markets Authority granted the crypto exchange a Digital Asset Service Provider registration, which is mandatory for an exchange to operate in the country.

The move marks Binance’s first regulatory win in Europe. In the UK, the Financial Conduct Authority prohibited Binance Markets Limited …

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