Breaking: Binance Italy Gets Registered in European Country

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The largest crypto exchange by volume, Binance Italy, is now a registered entity in the European country
After strong opposition from regulatory authorities, the crypto exchange will now be able to run operations in the country
Organismo degli Agenti e Mediatori creditizi (OAM) registers crypto exchanges prior to their final approval
The CEO of Binance in a tweet stated that OAM has registered the exchange in Italy
Binance already has its crypto group in Italy, Binance Italian Group, which will help the instant expansion of the exchange
Italy is the third-largest economy in European Union, and it resides a massive crypto community that is willing to invest in blockchain and digital assets
Major cities in Italy are already using blockchain technology including Bari which is using smart contracts for the issuance of surety policies
Binance is already offering credit card services to Italians for buying cryptocurrencies
On top of that, Binance Launchpad is another prominent feature that promotes launching new blockchain projects in the country
Interestingly, this comes in days after Binance received a greenlight in France. The platform had announced it was a fully regulated digital asset service provider on 5th May 2022