Binance can now operate its digital asset trading platform in France, meaning it can custody digital assets and facilitate crypto trades.
The move adds another step in Binance’s expansion across Europe — and to particularly entrench itself in France, which Binance CEO Changpeng Zhao, “uniquely positioned to be the leader of this industry in Europe” at the 2022 Paris Blockchain Week Summit. Binance has 50 employees already working in France, Zhao added.
Last month, Binance invested 100 million euros into Station F, a startup incubator headquartered in Paris, in addition to poaching former AMF deputy general counsel Stéphanie Cabossioras as a Binance employee.
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