The AMF regulates and protects the French financial markets and ensures investors’ financial literacy. The ACPR is an independent agency that monitors banks and insurance companies in France. Under the supervision of AMF and ACPR, Binance France will be able to operate in France with the DASP registration.
“Effective regulation is essential for the mainstream adoption of cryptocurrency. The French DASP and AML/CFT regulations put in place stringent anti-money laundering and fit and proper requirements to meet the high standards necessary to be regulated in France. We are grateful to the AMF and ACPR, who demonstrated a commitment to innovation that made it possible for Binance to navigate the entire application process. Since day one, Binance has always put its users first, and now the crypto community can have even further confidence in Binance France as a trusted DASP registered in France,” Changpeng Zhao ‘CZ’, founder and CEO of Binance, commented.
License in Thailand
Recently, Binance formed a joint venture with Gulf Energy Development (Sarath Ratanavadi) to apply for a license to operate as a digital asset exchange platform in Thailand.A high demand for cryptocurrencies in Thailand lead to the partnership between Binance and Gulf Energy Development. Additionally, it has been reported that Gulf Energy will invest in BNB (Binance Coin).
The AMF regulates and protects the French financial markets and ensures investors’ financial literacy. The ACPR is an independent agency that monitors banks and insurance companies in France. Under the supervision of AMF and ACPR, Binance France will be able to operate in France with the DASP registration.
“Effective regulation is essential for the mainstream adoption of cryptocurrency. The French DASP and AML/CFT regulations put in place stringent anti-money laundering and fit and proper requirements to meet the high standards necessary to be regulated in France. We are grateful to the AMF and ACPR, who demonstrated a commitment to innovation that made it possible for Binance to navigate the entire application process. Since day one, Binance has always put its users first, and now the crypto community can have even further confidence in Binance France as a trusted DASP registered in France,” Changpeng Zhao ‘CZ’, founder and CEO of Binance, commented.
License in Thailand
Recently, Binance formed a joint venture with Gulf Energy Development (Sarath Ratanavadi) to apply for a license to operate as a digital asset exchange platform in Thailand.A high demand for cryptocurrencies in Thailand lead to the partnership between Binance and Gulf Energy Development. Additionally, it has been reported that Gulf Energy will invest in BNB (Binance Coin).