{"id":43725,"date":"2023-01-11T14:26:18","date_gmt":"2023-01-11T18:26:18","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=43725"},"modified":"2023-01-11T17:46:46","modified_gmt":"2023-01-11T21:46:46","slug":"binance-secures-regulatory-approval-in-sweden","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/binance-secures-regulatory-approval-in-sweden\/","title":{"rendered":"Binance Secures Regulatory Approval In Sweden"},"content":{"rendered":"\n
The Swedish Financial Supervisory Authority<\/a>, has granted the crypto exchange Binance approval to manage and trade digital currencies.<\/h5>\n\n\n\n
\"Binance
Binance Secures Regulatory Approval In Sweden<\/figcaption><\/figure>\n\n\n\n

The local branch of cryptocurrency exchange Binance<\/a> has received authorization from the Swedish Financial Supervisory Authority, one of the nation's financial regulatory bodies, to maintain and trade digital currencies.<\/p>\n\n\n\n

In a Jan. 11 press release, Binance stated that the Swedish FSA had on Jan. 10 awarded Binance Nordics AB registration status after “months of constructive engagement\u201d with the financial regulator. As a result of this ruling, residents of Sweden can now use Binance's cryptocurrency services. Binance\u2019s lead in the region, Roy van Krimpen said:<\/p>\n\n\n\n

\n

“Sweden fully adopts EU laws and has further local requirements, so we have been careful to ensure that Binance Nordics AB has adopted risk and AML policies to match this exacting standard. Our next big task will be the successful migration and launch of local operations, including hiring of local talent, organizing more events and delivering more crypto education in Sweden.”<\/p>\n<\/blockquote>\n\n\n\n

Following similar permission for the crypto exchange in 2022 from regulators in France, Bahrain, Spain, and Dubai\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, Sweden's financial authority made its judgment.<\/p>\n\n\n\n

Authorities in several nations, such as the United States, United Kingdom, Canada, and Japan, have previously taken action against the exchange's operations and warned prospective investors about the dangers associated with digital assets.<\/p>\n\n\n\n

A preliminary agreement was granted by a US court on January 10 and would now allow Binance.US to buy more than $1 billion's worth of assets from Voyager Digital<\/a>, which filed for bankruptcy in July. <\/p>\n\n\n\n

Prior to Voyager's bankruptcy in November, FTX had intended to purchase its assets, leaving them once more available for purchase.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Swedish Financial Supervisory Authority, has granted the crypto exchange Binance approval to manage and trade digital currencies. The local branch of cryptocurrency exchange Binance has received authorization from the Swedish Financial Supervisory Authority, one of the nation’s financial regulatory bodies, to maintain and trade digital currencies. In a Jan. 11 press release, Binance stated […]<\/p>\n","protected":false},"author":43,"featured_media":43727,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834],"tags":[326],"class_list":["post-43725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/01\/croc_1673459681147.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/43725","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\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=43725"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/43725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/43727"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=43725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=43725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=43725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}