Binance finally authorized to operate in Italy

The cryptocurrency exchange received authorization from Italy's registration as a Cryptocurrency Service Provider with the Organismo Agenti e Mediatori (OAM)

The cryptocurrency exchange Binance recently received authorization to carry out exchange operations in Italy.

Through the official blog of the exchange owned by Changpeng Zhao, it was confirmed that the registry authorized it to operate as a Cryptocurrency Service Provider with the Organismo Agenti e Mediatori (OAM), as required by Italian law.

CEO Zhao, through his Twitter account, sent his thanks to the Italian Ministry of Economy and Finance and the OAM for his efforts to “define and control the necessary requirements to operate in Italy with full transparency”.

This news brought with it the confirmation that Binance will take advantage of the situation to open an office in Milan, due to the importance of this city in terms of business.

K. Tovar

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Source: Investing

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