Binance will fund a $113 million initiative with France FinTech to strengthen its presence in France and support the cryptocurrency and blockchain industry.
This initiative, “Binance’s headquarters Is it in France will happen” claims.
Announced in November and called Objective Moon, the initiative is Binance’s launch in France. research and development office and will provide educational programs for crypto beginners.
It was stated that the purpose of Objective Moon is to develop and accelerate the blockchain ecosystem.
Stating that they have to have an R&D center in order to advance in the crypto ecosystem, Binance’s France General Manager David Princay said, “You cannot implement such an initiative alone.”
Market value approx. 1.5 billion dollars crypto wallet company Ledger and EdTech company OpenClassrom to develop training programs called in Objective Moon it will include.
Princay, when asked whether Binance’s headquarters, which was directed on the company’s investment in France, will be established in France; He refused to answer, saying, “I have nothing to add to what I have said.”
Cedric O, Minister of State for Digital Transition and Electronic Communications of France, said about the regulations, “Regulations, innovation A very positive sign for you. We need to be fully vetted and audited for a full transition to digital.” made a statement.
Ledger’s editor-in-chief Ariel Wengroff said in an interview with CNBC that Ledger is joining the initiative with Binance to increase awareness of crypto, blockchain and Web3 in the wallet industry. stated.
The regulation of the crypto-asset market (MiCA) billIt is planned to be discussed in the European Parliament in the coming months.