{"id":25205,"date":"2023-12-21T21:24:28","date_gmt":"2023-12-21T21:24:28","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/coinbase-receives-vasp-registration-in-france\/"},"modified":"2023-12-21T21:24:28","modified_gmt":"2023-12-21T21:24:28","slug":"coinbase-receives-vasp-registration-in-france","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/coinbase-receives-vasp-registration-in-france\/","title":{"rendered":"Coinbase receives VASP registration in France"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703192273525-5a780b0c-a830-4ba5-9c5a-6cb5a662a0c3-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703192273525-5a780b0c-a830-4ba5-9c5a-6cb5a662a0c3-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703192273525-5a780b0c-a830-4ba5-9c5a-6cb5a662a0c3-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1703192273525-5a780b0c-a830-4ba5-9c5a-6cb5a662a0c3-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Coinbase obtained the Virtual Assets Service Provider (VASP) approval from French regulator Autorit\u00e9 des March\u00e9s Financiers (AMF).<\/li>\n<li dir=\"ltr\">The exchange has approval to offer crypto custody and trading services to retail and institutional investors.<\/li>\n<\/ul>\n<p dir=\"ltr\">Coinbase has received regulatory approval to offer its crypto exchange services and products in France, the firm announced on Thursday. As CoinJournal <a href=\"https:\/\/coinjournal.net\/news\/circle-secures-french-dasp-license-appoints-head-of-operations\/\">reported<\/a> earlier, stablecoin issuer Circle also obtained a regulatory nod in the country.<\/p>\n<h2 dir=\"ltr\">Coinbase gets approval to offer crypto in France<\/h2>\n<p dir=\"ltr\">The US-based crypto exchange said in its <a href=\"https:\/\/www.coinbase.com\/blog\/coinbase-obtains-vasp-registration-in-france\" rel=\"noopener noreferrer\" target=\"_blank\">announcement<\/a> that French regulator Autorit\u00e9 des March\u00e9s Financiers (AMF) has granted it the Virtual Assets Service Provider (VASP) registration. The authorisation is a \u201csignificant milestone\u201d in the exchange\u2019s quest to expand its services across Europe.<\/p>\n<p dir=\"ltr\">The VASP licence allows Coinbase to offer digital assets custody and trading to both retail and institutional customers. These services will be available in compliance to the country\u2019s financial and market regulations, as well as European Union laws.<\/p>\n<p dir=\"ltr\">Daniel Seifert, the Vice President and Regional Managing Director for EMEA at Coinbase, said:<\/p>\n<p dir=\"ltr\">\u201c<em>We\u2019re focused on bringing the benefits of crypto to the world. Achieving VASP status in France allows us to continue to grow globally in the best possible way, onboarding the next 1 billion people into crypto while ensuring consumer\u2019s assets are secure and that compliance is prioritised. France has a thriving web3 ecosystem and we are excited at the prospect of contributing to it<\/em>,\u201d<\/p>\n<h2 dir=\"ltr\">Coinbase eyeing global expansion<\/h2>\n<p dir=\"ltr\">Coinbase\u2019s regulatory approval in France comes as a recent survey by market research firm Toluna showed that 10% of the French adult population currently owns cryptocurrency. The study also revealed that nearly a quarter of French adults, or 24%, have plans to buy, sell, and or trade crypto over the next 12 months.<\/p>\n<p dir=\"ltr\">The outlook combines with the regulatory clarity provided by the European Union\u2019s MiCA to make not just France but the rest of the bloc an important market for Coinbase.\u00a0<\/p>\n<p dir=\"ltr\">While it continues to seek <a href=\"https:\/\/coinjournal.net\/news\/coinbase-launches-spot-trading-for-non-us-institutional-clients\/\">international expansion<\/a> with applications for licences and registrations in tier 1 regulatory jurisdictions, Coinbase is also focused on fighting for clarity in the United States.<\/p>\n<p dir=\"ltr\">In its latest effort, the exchange filed an appeal against a recent decision by the US Securities and Exchange Commission (SEC) to <a href=\"https:\/\/coinjournal.net\/news\/sec-denies-rulemaking-petition-filed-by-coinbase\/\">reject its petition for crypto rulemaking<\/a>. The petition seeks new rules for crypto.\u00a0<\/p>\n<p dir=\"ltr\">The SEC denial of the filing came several months after it sued Coinbase for allegedly offering unregistered securities.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/coinbase-receives-vasp-registration-in-france\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Coinbase obtained the Virtual Assets Service Provider (VASP) approval from French regulator Autorit\u00e9 des March\u00e9s Financiers (AMF). The exchange has approval to offer crypto custody and trading services to retail and institutional investors. Coinbase has received regulatory approval to offer its crypto exchange [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":25206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25205"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25205"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25206"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}