Binance gets approval to operate in Italy, will open office in Milan
The cryptocurrency exchange's Italian branch will become its second European operation after obtaining a license in France. One of the world’s biggest cryptocurrency exchanges, Binance, strengthened its European presence by obtaining registration and regulatory approval in Italy. A Binance company had previously registered to operate in France at the beginning of May. On Friday, the exchange’s official blog reported that Binance Italy has received regulatory approval in the country through registration as a Cryptocurrency Service Provider with Organismo Agenti e Mediatori (OAM), as....
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Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao.
Binance Now Licensed in Italy
Binance announced Friday that Binance Italy “has received regulatory approval” through registration as a Cryptocurrency Service Provider with the Organismo Agenti e Mediatori (OAM), as required by the Italian legislation on crypto....
Coinbase started providing its cryptocurrency services in Italy a while ago, offering Coinbase card services in the country as of June 2019. The United States-based cryptocurrency exchange Coinbase continues aggressive European expansion by securing approval to offer crypto services in Italy.Coinbase announced on July 18 that it has obtained the Crypto Asset Service Provider approval from the Italian Anti Money Laundering regulator, Organismo Agenti e Mediatori (OAM).According to a post by Nana Murugesan, Coinbase’s vice president of international and business development, the approval....
As the cryptocurrency exchange seeks to gain traction in Europe, Binance announced on Friday that its legal unit in Italy had registered with the country’s regulator. Binance, the world’s biggest cryptocurrency exchange by daily trading volume, has registered Binance Italy as a digital asset service provider with Organismo Agenti e Mediatori, an Italian regulatory agency responsible […]
One of the largest exchanges in the world Crypto.com is one step ahead of competitor Binance as it announced on July 28 that it has successfully obtained regulatory approval to operate in the Netherlands, a region where Binance had previously failed to obtain the necessary license. Crypto.com’s Approval A ‘Big Win’ The Singapore-headquartered exchange has […]
The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai. The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has taken a step towards licensing major cryptocurrency exchange Binance to operate in the country.In a Monday announcement, AFSA said it had granted in-principle approval toward Binance operating as a digital asset trading facility and providing custody services in the Astana International Financial Centre, a financial hub in the capital city....