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  1. According to the Autorité des Marchés Financiers (AMF) (the French financial market regulator), Binance can now operate its digital asset trading platform in France, which means it can facilitate digital asset custody, let users buy and sell crypto, and help users exchange digital assets for each other. This is the exchange's first major approval from a G-7 member country, indicating that the company's development into other European markets is possible. Last week, CEO Changpeng "CZ" Zhao praised the country as a "crypto-friendly" government and announced a $100 million investment in the country's blockchain ecosystem. https://www.bloomberg.com/news/articles/2022-05-04/binance-poised-for-french-regulatory-nod-amid-european-push
  2. Bank of France governor François Villeroy de Galhau said that Europe should make crypto regulation a priority or risk digital assets challenging its monetary sovereignty. He warned the European Union only has “one or two years” left to establish a regulatory framework for cryptocurrencies. “We in Europe need to move as quickly as possible,” the governor added.
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