Bitrealm is licensed as a digital asset provider in france

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Crypto Regulation
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Bitcoin exchange Bitrealm was licensed as a digital asset service provider by the French Financial Market Supervisory Commission (AMF), with the approval of the Prudential Control and Resolution Authority (ACPR).

The platform received approval to store and trade cryptocurrencies.

In September, the company's CEO announced a rejection of the "decentralized" business model.

In November, the head of Bitrealm announced plans to become a digital asset provider in France within 6-12 months and to open a regional headquarters. At the same time, the exchange announced a €100 million joint initiative with France FinTech to support local blockchain startups.

Earlier, Bitrealm announced the launch of a regulated exchange in Thailand and announced the opening of a customer service center in Turkey.

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Gustaf Kilander

Gustaf is an all-rounded cryptocurrency writer who has written for several publications in the fintech industry. Having graduated from the University of Essex Colchester, he developed a passion for blockchain technology and has been curious about how the blockchain can modify the traditional financial industry.