Crypto giant Binance is bolstering its presence in France after a choppy year of regulatory scrutiny.
Princay was tight lipped on whether the company's significant investment in France was a precursor to establishing its formal headquarters there; "We have nothing yet to add on that," he said.
Meanwhile, France's digital minister Cedric O was present with Binance and France FinTech at the announcement of Objective Moon.has been very clear with us, they are welcome to see us and to have us, but they are also very exigent and that's for the better," Princay told CNBC. He added that Binance is in discussions with regulators in France on licensing.
MiCA, which was recently approved by the European Council, will introduce greater investor protection and expand the licensing and passporting for crypto firms in the bloc. It is due to be discussed in the European Parliament in the coming months.Ariel Wengroff is editor-in-chief at Ledger and leads the company's educational content efforts.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid: US and France report record daily case risesHowever, US officials said it was possible the figures were an overestimate due to reporting delays.
Read more »
Can France monopolise control over its Muslim community?Can state backed and handpicked Muslim representatives gain the trust and legitimacy of the country's Muslim population? The French government hopes so.
Read more »
Mosques vandalised, Muslims targeted with racist graffiti in FranceTwo mosques have been damaged in two different cities in southeast France as racist graffiti aimed at Muslims was sprayed on walls in a western town.
Read more »
DeFi | Earn Crypto | Binance Liquid Swap | BinanceBinance offers you the best DeFi crypto earning opportunities on many different crypto liquidity pools. Sign up to earn crypto today on Binance Liquid Swap!
Read more »
Coinone will no longer allow withdrawals to unverified external walletsCoinone, one of the 'Big Four” crypto exchanges in South Korea, will no longer allow withdrawals to non-verified external wallets.
Read more »
Voyager Digital Sued for Allegedly Misleading Investors on Trading FeesVoyager Digital (investvoyager) is being sued for allegedly misleading users about its trading fees. By mikeybellusci
Read more »