Binance Approved in France: A Major Step for Crypto Adoption

Big news for the crypto world! Binance has been approved as a digital asset service provider by the French financial regulator AMF. This landmark achievement signals a significant step forward for Binance and for cryptocurrency adoption in Europe.

Binance is now a Digital Asset Services Provider (DASP) registered in France, paving the way for expanded services within the country. France’s capital market regulator, Autorité des marchés financiers (AMF), has registered Binance France as a Digital Asset Service Provider (DASP). The move allows Binance to operate legally as a digital asset platform within France.

What does this mean for users? Binance is now a registered Digital Asset Service Provider (DASP) in France and will be allowed to deposit digital assets; make purchases and exchanges of these digital assets. This registration underscores Binance's commitment to compliance and its long-term vision for the French market. The French stock market regulator AMF has recognized Binance as a registered digital asset service provider (DASP). The move makes France the first major European nation to grant Binance this crucial regulatory approval. This positions Binance as a key player in the burgeoning French crypto landscape.

The AMF included Binance France SAS in its list of registered digital asset service providers in France, a step toward legally operating a digital asset platform in the country. This registration allows Binance to offer a range of services to French customers, subject to applicable regulations. Global crypto exchange Binance has announced that its domestic arm has been granted a Digital Asset Service Provider (DASP) registration by the French financial regulator. This is a testament to Binance's dedication to meeting the stringent regulatory requirements set forth by the AMF. The approval solidifies Binance's presence in Europe and opens doors for further expansion.