Cryptocurrency exchange Binance has secured regulatory approval in France, according to a release from France's capital market regulator, the AMF (Autorité des marchés financiers).
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Binance is now a registered Digital Asset Service Provider (DASP) in France and will be permitted to custody digital assets; facilitate the purchase, sale and exchange of such assets; and operate a trading platform for them. It is Binance's first such license in Europe, according to a company blog post.
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The company is expanding its global operations, having obtained provisional approval to operate as a broker-dealer in virtual assets in Abu Dhabi last month.
coindesk.com