Binance, the world’s largest cryptocurrency exchange by volume, announced that it has obtained a Virtual Asset Service Provider (VASP) license by the Polish regulator.
Binance is from Poland, where it currently maintains its services. a comprehensive confirmation took. provided by Poland VASP license, Binance’s activities in the country at a level that will allow provides regulatory legitimacy. With this license, Binance’s establishment in Poland cryptocurrency trading and custody services It has become fully compliant with local regulatory standards for
In an official blog post on the subject by Binance, it was announced that the exchange also plans to boost local talent acquisition, events and training initiatives in Poland.
Binance also included the following statements in the post:
As always, Binance’s priority is to provide its users with the best and safest experience possible. Binance is pleased to announce its continued commitment to full regulatory compliance along with plans to increase its local presence in Poland.
Binance’s local operations in the country commitment to expand only as part of compliance, finance and operations in the fields more staffing will be emphasized.
President of Binance Ukraine and Eastern Europe Kyrylo Khomiakov On the subject he said:
The crypto industry needs effective and appropriate regulation to assist the mainstream adoption of digital assets. We believe that a stable regulatory environment can foster innovation and is essential for building trust and long-term growth in the industry.
Continuing to strengthen its global cooperation, Binance announced that it has recently started its activities in Bahrain, as it will be remembered.