Share this article
Binance Wins Registration as Crypto Asset Service Provider in Cyprus
The crypto exchange can now offer more types of digital-asset services.
Updated May 9, 2023, 4:00 a.m. Published Oct 20, 2022, 12:18 p.m.
The Cyprus Securities and Exchange Commission (CySEC) has granted crypto exchange Binance Class 3 registration as a crypto asset services provider, or CASP, according to a blog post from Binance on Thursday.
Following in the footsteps of rival crypto exchange FTX, which set up a Cypriot entity in March, Binance is now permitted to offer spot, custody, staking and card services in compliance with CySEC’s anti-money-laundering and counter-terrorist-financing rules.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Binance has similar registrations in France, Spain and Italy.
“Binance has some of the most thorough AML and CTF compliance policies in the industry," Binance CEO Changpeng Zhao said in the blog post. "Recognition of the efforts we have made to be on the leading edge of compliance that our registration in Cyprus represents is testament to that."
Mais para você
O que saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
What to know:
- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
- The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
Top Stories
