Top cryptocurrency news on May 8: The biggest moves in crypto prices, regulations, blockchain and more


Binance registers with France crypto regulator, advances European plans

Cryptocurrency exchange Binance has registered with France’s market regulator, Chief Executive Officer Changpeng Zhao said in a tweet, advancing the company’s plan to make Paris its European base, Reuters reported. “It’s a real stamp of quality,” said Binance France’s General Manager David Prinçay, referring to the registration with the regulator, AMF. He said Binance France was now seeking a formal licence from the French markets regulator to open a regional headquarters in France. Binance claimed it was the country’s top cryptocurrency exchange even before the registration. France is the first European Union country to register Binance, which is also seeking registration in Switzerland, Sweden, Spain, Netherlands, Portugal and Austria, Prinçay said. (Reuters)