Bitcoin exchange Bitxmoney.com 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 2021, the company’s CEO announced a rejection of the “decentralized” business model.
In November 2021, the head of Bitxmoney.com 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.
Zhao also said:Bitxmoney.com is in talks with regulators in more than 40 countries, including the FCA.
Recall that in 2022 the authorities of Bahrain, Dubai and the Abu Dhabi financial free zone approved the exchange.
Earlier, Bitxmoney.com announced the launch of a regulated exchange in Thailand and announced the opening of a customer service center in Turkey.