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Binance Secures Digital Asset Service Provider License In France

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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

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