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Italy: Licensing of Binance as Cryptocurrency Service Provider in Italy

Progress

Current status
adopted
27 May 2022 adopted

Scope

Implementers
Italy
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national

Timeline of events

27 May 2022
adopted

Binance obtains license to operate in Italy

On 27 May 2022, Binance announced that it received regulatory approval to operate in Italy. Binance registered with the "Organismo Agenti e Mediatori" as a "cryptocurrency service provider", in accordance with Italian crypto-asset legislation. The c…

Source
Event type order
Action type adoption
Government branch executive
Government body central government

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