The largest cryptocurrency exchange platform has been registered with the AMF since Wednesday as a digital asset service provider.
Binance officially registered in France by the Financial Markets Authority
The name of Binance France SAS has been displayed since Wednesday, May 4 in the list of digital asset service providers (PSAN) on the website of the Autorité des marchés financiers. The largest cryptocurrency exchange platform in the world thus obtains the right to address the French market.
Nothing previously prevented it from exercising its activities in France, but it did not have the right to communicate directly for this country. She also risked being ostracized at any time by the authorities or the banks. “Binance France is eager to develop its activities with the French ecosystem”said Changpeng Zhao, CEO of the company, in a video message posted on Twitter.
Good morning! @cz_binance has some fantastic news to share. #binance is now a fully regulated digital asset service provider in France!???????? pic.twitter.com/W5DrhFqvjl
— Binance (@binance) May 4, 2022
In early November, he was received with great fanfare at the Ministry of Economy and Finance, without however revealing his project. This is the end of a long suspense and a turning point in the French cryptocurrency sector, which will have to deal in a new way with one of the world giants now officially recognized on national territory.