The world’s largest cryptocurrency exchange has been included in the French register of service providers for the supervision of capital markets (AMF). This will allow Binance to officially provide trading and storage services for Bitcoin, as well as other cryptocurrencies.

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France is the first major country in Europe to endorse Binance. In Lithuania, the exchange is monitored by anti-money laundering regulators, while in Sweden it is just going through the registration process.

The crypto company does not have an official headquarters and Binance has previously been proud of this fact, but for approval from regulators, it is planned to create a European office in Paris. Due to the lack of headquarters, the company has already been denied registration by Italy, the UK and Singapore.

Binance CEO Changpeng Zhao is investing €100 million in the country and launching an accelerator program for Web3 startups.

According to CoinGecko, in a single day, the spot trading volume on Binance is more than $14 billion, and the volume of contracts is almost $50 billion.

Binance has launched the Binance Refugee Card for people who left Ukraine. This will allow them to make or receive crypto-currency payments, buy goods in retail stores in EEA countries