Being registered with the OAM is a requirement under Italy's legislation. Binance CEO Changpeng \"CZ\" Zhao stated that \u201cClear and effective regulation is essential for mainstream adoption of cryptocurrencies. We thank the Ministry of Economy and Finance and the OAM for their efforts in defining and controlling the necessary requirements to operate in Italy in full transparency\"<\/li><\/ul>\n\n\n\n
Binance Italy, a subsidiary of the largest cryptocurrency exchange by volume has been approved as a cryptocurrency service provider with the Organismo Agenti e Mediatori (OAM). <\/li><\/ul>\n\n\n\n
Being registered with the OAM is a requirement under Italy's legislation. Binance CEO Changpeng \"CZ\" Zhao stated that \u201cClear and effective regulation is essential for mainstream adoption of cryptocurrencies. We thank the Ministry of Economy and Finance and the OAM for their efforts in defining and controlling the necessary requirements to operate in Italy in full transparency\"<\/li><\/ul>\n\n\n\n