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Crypto asset giants are taking over Europe

“I’m proud that we’ve brought two of the world’s biggest platforms, Binance and Crypto.com, to Paris in just a few months. At the beginning of the week, Minister of Economy and Finance Bruno Le Maire explained on BFM Business. Other world players I think will choose France.»

Although the crypto-asset market has been in a prolonged slump since the end of 2021, major global players are accelerating their expansion in Europe. This stage first goes through the control box. After Binance and Crypto.com, American Coinbase is seeking registration with the Autorité des marchés financiers (AMF) as a “digital asset service provider” (PSAN). This status, created by the Pact Law of 2019, is mandatory for users to be introduced in France, in exchange for meeting certain conditions. It shows what will be required from 2024 with the future European regulation on cryptoassets MiCa (markets…

Source: Le Figaro

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