Netherlands-based cryptocurrency exchange Bitvavo has successfully registered as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF), allowing it to expand its services to French users. This move comes shortly after Bitvavo received regulatory approval to operate in Austria and expanded its offering to Italy. The exchange has also filed registration applications for other major European markets. Bitvavo’s CEO, Mark Nuvelstijn, expressed excitement about entering the French market, citing a recent survey by the AMF that revealed a higher percentage of French citizens owning cryptocurrencies compared to conventional stocks and bonds. With around 1.5 million customers in the Benelux region, Bitvavo is taking a measured approach to its expansion, focusing on markets where it already has traction. Nuvelstijn also highlighted the upcoming implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulations, which he believes will bring maturity to the market and facilitate cross-border business. Notably, French bank Societe Generale and Bitstamp have already obtained licenses to offer cryptocurrency services in France, while Binance’s French arm continues to operate despite being under investigation for alleged KYC and anti-money laundering shortcomings.

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Information	Details
Geography	Europe
Countries	🇦🇹 🇫🇷 🇮🇹
Sentiment	neutral
Relevance Score	1
People	Mark Nuvelstijn
Companies	Bitstamp, Benelux region, Societe Generale, Binance, Bitvavo, Austria, Italy, European Union’s Markets in Crypto-Assets (MiCA) regulations, Autorité des Marchés Financiers (AMF)
Currencies	None
Securities	None