Netherland-based Crypto Exchange Bitvavo Secures Regulatory Approval in France

Dutch-based cryptocurrency exchange Bitvavo has received regulatory green light in France to act as a digital asset service provider. In a Nov 23 press release, the company disclosed the milestone and reiterated its wider expansion plans with hopes of becoming the largest crypto exchange in Europe. Receiving the much-desired regulatory nod from the French regulator Autorité des marchés financiers (AMF) allows the firm to launch its products and services in the local market. France remains a regional hub for most firms seeking to expand their reach in Europe as its regulators have stressed the need to protect and function around a framework that protects all parties.

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