Binance gets approval to operate in Italy, will open office in Milan

Cointelegraph

Published May 30, 2022 11:00AM ET

Updated May 30, 2022 12:40PM ET

One of the world’s biggest cryptocurrency exchanges, Binance, strengthened its European presence by obtaining registration and regulatory approval in Italy. A Binance company had previously registered to operate in France at the beginning of May.

On Friday, the exchange’s official blog reported that Binance Italy has received regulatory approval in the country through registration as a Cryptocurrency Service Provider with Organismo Agenti e Mediatori (OAM), as required by Italian legislation.

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