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
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…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government