Binance acquires crypto asset service authorization in Cyprus

Binance, a well-known crypto trading platform, on 20 October 2022, announced that Binance Cyprus Limited had been permitted Class 3 registration for being a Crypto Asset Services Provider (CASP). The grant was given by Cyprus Securities and Exchange Commission (CySEC). However, after this enrollment, Binance would offer services like staking, custodian, spot, and card services, …

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