Binance registers with France's market regulator

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LONDON : Cryptocurrency exchange Binance has registered with France's market regulator, Chief Executive Officer Changpeng Zhao said in a tweet on Wednesday, advancing the company's plan to make Paris its European base.Cryptocurrency exchanges such as Binance are required in France to register with the reg

LONDON : Cryptocurrency exchange Binance has registered with France's market regulator, Chief Executive Officer Changpeng Zhao said in a tweet on Wednesday, advancing the company's plan to make Paris its European base.

Binance now has the option to ask for a formal license, which would be required in order to open a regional headquarters in France. Last year Binance received warnings from more than a dozen national regulators, including those in Germany, Italy and Britain. Some said it was operating without a licence in their jurisdictions. Others cautioned against using its services.

 

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