The world’s largest cryptocurrency exchange Changpeng Zhao, founder and CEO of Binance At the Finance FWD Conference held in Hamburg, Germany, Binance’s in Germany He announced that he was trying to get a license.
CZ, which has finally received approval from France, continues its efforts to open up to Europe.
In his speech Binance’s Stating that he plans to apply for a license to operate in Germany, CZ said the following about their application:
“We hope to obtain a license in Germany. Our team continues to negotiate with German regulators.
I haven’t spoken to the organizers directly, but from the feedback I’ve received, I can say that these talks are going well.”
CZ, who did not give much details about the discussions with the regulators due to confidentiality, added that Binance has recruited a large number of people in Germany.
“We are doing a much better job communicating with the relevant authorities in the country and we want to expand our market share there.”
CZ, in an announcement made in France in the past months, said that the stock market would establish its European headquarters in Paris.
CZ had stated that he would use France’s approval as a starting point for his expansion in the European continent and that France’s application did not mean that they were ignoring Europe’s largest economy, Germany.