Binance gets regulatory approval in France

Binance is now a registered Digital Asset Service Provider (DASP) in France and will be permitted to custody digital assets. This lets them facilitate the purchase, sale, and exchange of such assets. And it allows them operate a trading platform for the assets too. This is Binance’s first such license in Europe. The company is expanding its global operations with a provisional approval to operate as a broker-dealer in virtual assets in Abu Dhabi.