Binance becomes a licensed digital asset service provider in France

Binance has announced that Binance France’s Digital Asset Service Provider (DASP) registration license has been granted by the French Financial Supervisory Authority (AMF) with the approval of the French Financial Prudential Supervisory Authority (ACPR).

This milestone for Binance marks Binance’s first digital asset service provider registration in the EU and demonstrates its commitment to being an exchange that puts compliance first.

The French Financial Supervisory Authority supervises and protects the French financial market and ensures investment safety by making investors aware of financial common sense.

The French Financial Prudential Supervisory Authority is an independent agency that oversees French banks and insurance companies.

With the approval and supervision of the Financial Supervisory Authority and the Directorate General of Financial Prudential Supervision, the registration license of the digital asset service provider will allow Binance France to operate locally.

Compliance and regulation are important factors for the success of the cryptocurrency and blockchain industry.

In recent years, Binance has taken many steps to ensure compliance, including increasing the size of Binance’s global compliance team and advisory board, and actively assisting in the fight against fraud and extortion.

Binance is delighted that the efforts have paid off and Binance has met the stringent regulatory standards in France to successfully obtain a registration license as a digital asset service provider.

As the first leading global cryptocurrency exchange registered in France, Binance will be able to bring cryptocurrency services and education to millions of people.

Binance will focus on expanding its presence in France to make it easier for everyone to access cryptocurrencies and use Binance’s services.

Binance’s mission is to be a blockchain ecosystem infrastructure service provider, so Binance is planning to continuously expand Binance’s team to advance infrastructure development.

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