Binance Gets Clearance To Operate In Italy After 2021 Ban
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 […]
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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....
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....
According to Italy’s financial regulator, crypto exchange Binance is not authorized to offer services and activities in the country. CONSOB Calls Crypto Exchange Binance Unauthorized Italy’s CONSOB has said in a press release that Binance has no authorization for carrying out activities in the nation. CONSOB is a financial regulator responsible for regulating Italy’s securities […]
Binance’s regulatory troubles grow with Italy being the latest country to issue a warning on the global cryptocurrency exchange. Other countries that have issued similar warnings include the U.K., Japan, Thailand, and the Cayman Islands. Crypto Exchange Binance Unauthorized in Italy Italy’s financial regulator, Commissione Nazionale per le Società e la Borsa (Consob), published a warning on cryptocurrency exchange Binance Thursday. The regulator wrote: Consob warns savers that the companies of the ‘Binance Group’ are not authorized to provide investment....
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands. Troubled global cryptocurrency exchange Binance continues moving fast in curbing services to respond to the ongoing regulatory scrutiny worldwide, partly shutting down derivatives trading.Binance officially announced Friday that it would suspend its derivatives trading across the European region, starting with Germany, Italy and the Netherlands. The company clarified that users in mentioned countries cannot open new futures accounts on Binance effective immediately.We're continually....