Italy: Binance obtains license to operate in Italy
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Description
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 company will be able to offer crypto products to Italian citizens. Previously, Binance had received regulatory approval in France.
Original sourceScope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government