Binance is a Fully Regulated Digital Asset Service Provider in France, Just After Receiving Licenses in Dubai and Bahrain

Binance (www.Binance.com), the world’s largest crypto and blockchain infrastructure provider, earlier announced that Binance France SAS has been granted a Digital Asset Service Provider (DASP) registration to operate in France by Autorité des marchés financiers (AMF) which regulates the French financial markets, with the approval of the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the authority responsible for supervising the banking and insurance sectors in France, especially AML Regulations.

The landmark achievement for Binance represents its first DASP registration in the European Union and demonstrates its commitment to being a compliance-first exchange.

The registration allows Binance France SAS to operate as a DASP in France and provides regulatory protection for local users with regards to the implementation of French AML/CFT and customer identification requirements.