Popular crypto trading platform Binance has teamed up with German financial services firm CM-Equity to expand in the old continent.
According to the announcement shared on Thursday by Binance, the company has decided to partner with the German company in order to expand its crypto trading services in Europe.
CM-Equity is a Germany-based company that offers asset management and brokerage services for financial products, including cryptos.
The cooperation between both companies will allow the exchange users to legally trade cryptos in Europe.
Binance CEO Changpeng Zhao said:
"By joining forces with CM-Equity, Binance will be able to broaden our services in Europe while ensuring compliance with local regulations."
Binance has been working for some time to expand its services in the old continent. Thus, last week the exchange reported its crypto payment card would be launched in Europe and the United Kingdom in August.
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