Binance Square

passporting

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BasheerAlgundubi
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#بينانس shapes its future in Europe with a decisive step! Instead of wasting time chasing permits in each country individually, #Binance chose Greece to apply for the unified license #MiCA . 💡Strategic intelligence: obtaining approval from Athens means activating system " #Passporting ", which grants the platform legal permission to operate in all European Union countries (27 countries) with just one stroke!. A step that may close the chapter on "gray areas" forever and pave the way for safe and stable investment. #BNBUSDT $BNB {future}(BNBUSDT)
#بينانس shapes its future in Europe with a decisive step!

Instead of wasting time chasing permits in each country individually, #Binance chose Greece to apply for the unified license #MiCA .

💡Strategic intelligence: obtaining approval from Athens means activating system " #Passporting ", which grants the platform legal permission to operate in all European Union countries (27 countries) with just one stroke!.

A step that may close the chapter on "gray areas" forever and pave the way for safe and stable investment.
#BNBUSDT
$BNB
France threatens to block the 'passport' of crypto licenses in the EU📰 What is happening France, through its financial markets regulatory authority (AMF), has indicated that it could reject the automatic recognition (‘passporting’) of crypto companies licensed in another EU member state. This arises because there are concerns that some jurisdictions with more lax regulatory standards are granting licenses more easily, with less strict requirements (for example in areas like cybersecurity, risk control, client asset supervision), and that those companies use those licenses to operate throughout the EU (thanks to MiCA) without proper oversight.

France threatens to block the 'passport' of crypto licenses in the EU

📰 What is happening
France, through its financial markets regulatory authority (AMF), has indicated that it could reject the automatic recognition (‘passporting’) of crypto companies licensed in another EU member state.
This arises because there are concerns that some jurisdictions with more lax regulatory standards are granting licenses more easily, with less strict requirements (for example in areas like cybersecurity, risk control, client asset supervision), and that those companies use those licenses to operate throughout the EU (thanks to MiCA) without proper oversight.
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