Binance exchange received a license to operate in Poland as a virtual asset service provider.
Witam, Poland 🇵🇱#Binance is fully compliant with Polish regulatory standards for virtual asset service providers (VASPs).
This registration enables #Binance to provide crypto asset exchange and custody services in the country.
— Binance (@binance) January 18, 2023
“Binance Poland has adopted a risk and anti-money laundering policy that meets strict standards,” wrote local CEO Katarzyna Wabik.
To continue using the services, users from Poland must sign the new terms and conditions. The team also announced plans to increase the number of employees of the unit, holding events and educational initiatives.
Recall that in 2022, the user base of Binance exceeded 120 million people, and its team has grown to 7,500 employees. And platform CEO Changpeng Zhao announced plans to increase staff in 2023 by 15–30%.