Binance Obtains Regulatory Approval to Offer Crypto Products in Italy – Regulation Bitcoin News

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Binance Obtains Regulatory Approval to Offer Crypto Products in Italy – Regulation Bitcoin News
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Binance has received regulatory approval from the Italian regulator to operate as a cryptocurrency service provider. crypto bitcoin $BTC

Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao.

Binance announced Friday that Binance Italy “has received regulatory approval” through registration as a Cryptocurrency Service Provider with the Organismo Agenti e Mediatori , as required by the Italian legislation on crypto assets.The registration of Binance Italy … allows the company to offer crypto products to its customers in Italy.

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