After obtaining regulatory approvals in France, Italy and many others, the Swedish regulator (the FSA) has granted Binance registration as a digital asset service provider.
Indeed, this is the seventh approval in the European Union for the CZ platform, which plans to increase its workforce by 15-30% during the year to meet its growth target.
In fact, Swedish residents will now be able to access the wide range of crypto services offered by Binance, including euro deposits, withdrawals and purchases, trading, staking and the Binance Visa card.
Richard Teng, Head of Europe and MENA at Binance, commented:
“Binance continues to demonstrate its commitment to working closely with regulatory agencies to enforce global standards. Our registration in Sweden is the result of months of hard work by our team, underpinning our commitment to the Swedish market and our users.
We are deeply grateful for the support of the Swedish Financial Supervisory Authority throughout the application process and approval. Sweden is now part of the growing list of global jurisdictions that have granted regulatory approval to Binance.”
Roy van Krimpen, Nordics and Benelux Lead, added:
“Sweden fully adopts EU laws and has other local requirements, so we have taken care to ensure that Binance Nordics AB has adopted risk and anti-money laundering policies to match this rigorous standard.
