{"id":64721,"date":"2022-05-30T09:01:22","date_gmt":"2022-05-30T09:01:22","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=64721"},"modified":"2022-05-30T09:01:22","modified_gmt":"2022-05-30T09:01:22","slug":"binance-obtains-regulatory-approval-to-offer-crypto-products-in-italy","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=64721","title":{"rendered":"Binance Obtains Regulatory Approval to Offer Crypto Products in Italy"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/05\/binance-italy.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Binance Obtains Regulatory Approval to Offer Crypto Products in Italy\" loading=\"lazy\"><\/p>\n<p><strong>Crypto exchange Binance has received regulatory approval from Italy\u2019s financial regulator to operate as a cryptocurrency service provider in the country. \u201cClear and effective regulation is essential for mainstream adoption of cryptocurrencies,\u201d said Binance CEO Changpeng Zhao.<\/strong>\n<\/p>\n<h2>Binance Now Licensed in Italy<\/h2>\n<p>\n<br \/>\nBinance announced Friday that Binance Italy \u201chas received regulatory approval\u201d through registration as a Cryptocurrency Service Provider with the Organismo Agenti e Mediatori (OAM), as required by the Italian legislation on crypto assets.<\/p>\n<p>The announcement states:\n<\/p>\n<blockquote>\n<p>The registration of Binance Italy \u2026 allows the company to offer crypto products to its customers in Italy.<\/p>\n<\/blockquote>\n<p>\n<br \/>\nBinance Italy, established in recent months, is the legal entity of the Binance Group in Italy.<\/p>\n<p>Earlier this month, Binance said it has received approval from the <a href=\"https:\/\/news.bitcoin.com\/crypto-exchange-binance-approved-by-french-regulator-fully-regulated-digital-asset-service-provider\/\">French financial regulator<\/a>, the Autorit\u00e9 des march\u00e9s financiers (AMF), to operate as a registered Digital Asset Service Provider (DASP). The crypto exchange also recently received licenses in <a href=\"https:\/\/news.bitcoin.com\/binance-fully-licensed-by-central-bank-of-bahrain-to-offer-crypto-services\/\">Bahrain<\/a> and <a href=\"https:\/\/news.bitcoin.com\/dubais-new-virtual-asset-regulator-licenses-crypto-exchanges-binance-ftx\/\">Dubai<\/a>.<\/p>\n<p>Changpeng Zhao (CZ), co-founder and CEO of Binance, commented:\n<\/p>\n<blockquote>\n<p>Clear and effective regulation is essential for mainstream adoption of cryptocurrencies.<\/p>\n<\/blockquote>\n<p>\n<br \/><em><strong>What do you think about Binance receiving approval in Italy to operate a crypto exchange? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Binance has received regulatory approval from Italy\u2019s financial regulator to operate as a cryptocurrency service provider in the country. \u201cClear and effective regulation is essential for mainstream adoption of cryptocurrencies,\u201d said Binance CEO Changpeng Zhao. Binance Now Licensed in Italy Binance announced Friday that Binance Italy \u201chas received regulatory approval\u201d through registration as [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":64722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-64721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/64721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64721"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/64721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/64722"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}