The Swedish Financial Supervisory Authority registered the world’s largest cryptocurrency exchange – Binance – as a financial institution for management and trading in virtual currency in the Scandinavian country.
This is the seventh EU nation where the platform has received such a license, with the previous six being Italy, France, Spain, Poland, Cyprus, and Lithuania.
Binance announced that its Swedish subsidiary – Binance Nordics AB – obtained registration from the country’s financial watchdogs after “months of constructive engagement.”
The authorization enables local consumers to access its products and services, such as buying cryptocurrencies with euro, making withdrawals against the fiat currency, trading, and staking.
Richard Teng – Head of Europe and MENA at Binance – said the latest registration demonstrates the company’s commitment to collaborate with regulators to “uphold global standards.”
“We are deeply grateful for the support from the Swedis
We współpracy z: https://cryptopotato.com/binance-secures-regulatory-approval-in-sweden/
