Binance Posts a Photo to Celebrate 5 Years Amid the Crypto Crisis
The world’s largest cryptocurrency exchange, Binance, celebrated its fifth anniversary by posting a photo on Instagram in which the company wrote, “it’s so pretty, not sure if I want to eat or display things this.”
That comes amid a severe crypto downturn, which many are calling the ‘crypto winter’ and also the ‘death spiral’ of crypto.
Binance, which has around 120 million users worldwide, also tweeted on Friday that its registry in Spain will allow it to offer crypto-asset exchange and custody services in the country. comply with central bank rules.
The registration in Spain signals that Binance is gaining momentum in Europe after France and Italy also included it in their national registers in recent months as the European Union prepares new regulation. about this field.
Cryptocurrency companies will need licenses and customer protections to issue and sell digital tokens in the European Union under new rules agreed to by the bloc last week to regulate dominate a volatile market.