{"id":28159,"date":"2022-05-27T14:12:04","date_gmt":"2022-05-27T18:12:04","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=28159"},"modified":"2024-07-28T07:38:27","modified_gmt":"2024-07-28T11:38:27","slug":"binance-receives-clearance-to-operate-in-italy","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/binance-receives-clearance-to-operate-in-italy\/","title":{"rendered":"Binance Receives Clearance To Operate in Italy"},"content":{"rendered":"\n<p><a href=\"https:\/\/coinscreed.com\/staging\/binance-sets-to-launch-crypto-trading-services.html\">Binance<\/a> global expansion continued as the company announced that it is now granted regulatory certification in Italy <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL-1024x576.webp\" alt=\"Binance Receives Clearance To Operate in Italy\" class=\"wp-image-25569\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL-1024x576.webp 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL-300x169.webp 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL-768x432.webp 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL-150x84.webp 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL-750x422.webp 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL-1140x641.webp 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL.webp 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>Binance Receives Clearance To Operate in Italy<\/figcaption><\/figure>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\"><ul><li><a href=\"#h-binance-italy-recognition\" >Binance Italy Recognition<\/a><\/li><li><a href=\"#h-global-extension-continues\" >Global Extension Continues <\/a><\/li><\/nav><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-binance-italy-recognition\">Binance Italy Recognition<\/h2>\n\n\n\n<p>The largest exchange was granted regulatory certification in Italy on Friday after registering as a Cryptocurrency Service Provider. The registration was achieved through the Organismo Agenti e Mediatori (OAM), in accordance with Italian cryptocurrency laws.<\/p>\n\n\n\n<p>The regulatory approval, according to the exchange, is a significant step forward in the company's Italian growth strategy. <\/p>\n\n\n\n<p>According to the<a href=\"https:\/\/www.binance.com\/en\/blog\/ecosystem\/binance-obtains-regulatory-approval-in-italy-421499824684903920\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> statement<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>, the company will be able to strengthen its footprint in the country by creating offices and expanding its local personnel.<\/p>\n\n\n<hr class=\"wp-block-separator is-style-default\" \/>\n<div class=\"wp-block-image is-style-rounded\">\n<figure class=\"aligncenter size-large is-resized\">\n<p><img decoding=\"async\" class=\"size-medium wp-image-26002\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/France-Becomes-First-Major-European-Country-To-Allow-Binance-Function-Within-Its-Borders-1-300x300.webp\" alt=\"Changpeng Zhao, Binance CEO\" width=\"300\" height=\"300\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/France-Becomes-First-Major-European-Country-To-Allow-Binance-Function-Within-Its-Borders-1-300x300.webp 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/France-Becomes-First-Major-European-Country-To-Allow-Binance-Function-Within-Its-Borders-1-150x150.webp 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/France-Becomes-First-Major-European-Country-To-Allow-Binance-Function-Within-Its-Borders-1-96x96.webp 96w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/France-Becomes-First-Major-European-Country-To-Allow-Binance-Function-Within-Its-Borders-1-75x75.webp 75w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/France-Becomes-First-Major-European-Country-To-Allow-Binance-Function-Within-Its-Borders-1-350x350.webp 350w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/France-Becomes-First-Major-European-Country-To-Allow-Binance-Function-Within-Its-Borders-1.webp 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<\/figure>\n<\/div>\n<blockquote class=\"wp-block-quote has-text-align-center is-style-large\">\n<p><strong>\u201cThe registration of Binance Italy, legal entity of the group in the country established in recent months, allows the company to offer crypto products to its customers in Italy and it is a concrete testimony of the importance for Binance to operate in compliance with local regulations regarding cryptocurrencies.\u201d<\/strong><\/p>\n<p style=\"text-align: right\"><strong><span style=\"font-size: 27px\">Binance<\/span><\/strong><\/p>\n<\/blockquote>\n<hr class=\"wp-block-separator is-style-default\" \/>\n\n\n<p>Clear and effective regulation, according to CEO Changpeng Zhao, is critical for the widespread adoption of cryptocurrencies.<\/p>\n\n\n<hr class=\"wp-block-separator is-style-default\" \/>\n<div class=\"wp-block-image is-style-rounded\">\n<figure class=\"aligncenter size-large is-resized\">\n<figure id=\"attachment_25756\" aria-describedby=\"caption-attachment-25756\" style=\"width: 225px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-medium wp-image-25756\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Binance-CEO-Change-Peng-Zhao-225x300.jpg\" alt=\"Changpeng Zhao, Binance CEO\" width=\"225\" height=\"300\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Binance-CEO-Change-Peng-Zhao-225x300.jpg 225w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Binance-CEO-Change-Peng-Zhao-150x200.jpg 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Binance-CEO-Change-Peng-Zhao.jpg 244w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><figcaption id=\"caption-attachment-25756\" class=\"wp-caption-text\">Changpeng Zhao, Binance CEO<\/figcaption><\/figure>\n<\/figure>\n<\/div>\n<blockquote class=\"wp-block-quote has-text-align-center is-style-large\">\n<p>\u201cWe thank the Ministry of Economy and Finance and the OAM for their efforts in defining and controlling the necessary requirements to operate in Italy in full transparency. Binance has always put its users first and, with actions such as the implementation of the register, they can be confident that our platform is among the safest and most trustworthy in the world.\u201d<\/p>\n<p>Changpeng Zhao<\/p>\n<\/blockquote>\n<hr class=\"wp-block-separator is-style-default\" \/>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-global-extension-continues\">Global Extension Continues <\/h2>\n\n\n\n<p>According to Coinscreed, CZ's company was recently granted <a href=\"https:\/\/coinscreed.com\/staging\/binance-sets-to-launch-crypto-trading-services.html\">licenses<\/a> in Bahrain and Dubai. In addition, the exchange is looking into the future of cryptocurrency in India.<\/p>\n\n\n\n<p>Last week, Leon Foong, a key Binance official, stated that CZ's company and other IT professionals had recognized India's rising blockchain firms. He emphasized that India has some fundamental advantages over other countries. <\/p>\n\n\n\n<p>&#8220;With numerous well-trained engineers, the country has the potential to be a very huge crypto market.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance global expansion continued as the company announced that it is now granted regulatory certification in Italy Binance Italy Recognition The largest exchange was granted regulatory certification in Italy on Friday after registering as a Cryptocurrency Service Provider. The registration was achieved through the Organismo Agenti e Mediatori (OAM), in accordance with Italian cryptocurrency laws. [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":25569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834],"tags":[5521,6689],"class_list":["post-28159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance-2","tag-italy-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/Binance-Temporarily-Suspends-Transactions-on-Solana-SOL.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/28159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=28159"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/28159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/25569"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=28159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=28159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=28159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}