Binance, Exchanges

Is Binance Allowed in France?

Binance, the world’s largest cryptocurrency exchange by trading volume, is not currently allowed to operate in France. The French regulator, the Autorité des Marchés Financiers (AMF), has not authorized any cryptocurrency platforms to operate in the country.

However, this may soon change.

In March 2018, the AMF stated that it was considering authorizing cryptocurrency exchanges. The regulator is currently working on a regulatory framework for these platforms.

NOTE: WARNING: It is currently illegal to use Binance in France. Any attempted use of this platform may constitute a violation of French law and may be subject to civil and criminal penalties. We strongly advise against using Binance in France.

Once this framework is finalized, it is likely that Binance will be allowed to operate in France.

The AMF’s decision to consider authorizing cryptocurrency exchanges is a positive development for the industry. It shows that the regulator is open to working with these platforms and is willing to create a regulatory environment that is conducive to their growth.

This is a positive sign for the future of cryptocurrency in France.

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