Binance Approved to Operate in Cyprus

Cryptocurrency Exchange Pledges to Comply with Regulatory Rules

8 Trusted Online Cryptocurrency Exchanges Operating in Cyprus

The Minister of Finance, Constantinos Petrides, has announced that Binance, the world's largest cryptocurrency exchange, has been approved to operate in Cyprus. The exchange has pledged to comply with all applicable regulatory rules and standards.

This is a significant development for the cryptocurrency industry in Cyprus. Binance is one of the most well-known and respected exchanges in the world, and its presence in Cyprus will help to legitimize and grow the market.

In addition to Binance, there are eight other trusted online cryptocurrency exchanges operating in Cyprus. These exchanges include Coinbase, Kraken, and Bitstamp.

The presence of these exchanges in Cyprus is a sign of the growing popularity of cryptocurrency. Cryptocurrencies are becoming increasingly mainstream, and they are being used by more and more people for everyday transactions.