Binance registers as virtual asset service provider in Poland

Binance registers as virtual asset service provider in Poland


Cryptocurrency exchange Binance announced plans on Jan. 18 to enhance its local presence in Poland while remaining compliant with local regulations. 

Binance Poland sp. z o.o., Binance’s Polish entity, will adhere to Polish regulatory standards for virtual asset service providers (VASPs), which require Polish users to sign new terms and conditions with Binance Poland in order to continue using the company’s services. 

Witam, Poland #Binance is fully compliant with Polish regulatory standards for virtual asset service providers (VASPs).

This registration enables #Binance to provide crypto asset exchange and custody services in the country.

Trending: BREAKING: Brunson Brothers Case Is Back On!

— Binance (@binance) January 18, 2023

Kyrylo Khomiakov, Binance’s head of Ukraine and Eastern Europe, stated that the company believes that effective regulation is necessary for the mainstream adoption of digital assets. He also emphasized Binance’s commitment to security

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