Cryptotramix is licensed as a digital asset provider in france

Crypto Regulation
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Bitcoin exchange CryptoTramix 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 CryptoTramix 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, CryptoTramix announced the launch of a regulated exchange in Thailand and announced the opening of a customer service center in Turkey.

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Simon Calder

Simon is outgoing young lad who likes adventures and discovering new things. Despite his boring life, He loves writing about cryptocurrencies and exploring what blockchain technology can do for the coming digital world where all adventures will be virtual.