MILAN (Reuters) – Funding platform Commerce Republic stated on Tuesday it had registered with Italy’s crypto business regulator as a cryptocurrency operator.

The admission to Organismo degli Agenti e dei Mediatori (OAM) has entered into impact on July 15, stated Commerce Republic, which began working within the nation in December.

The Italian authorized entity of Binance, one of many greatest cryptocurrency exchanges, had additionally registered with the regulator within the nation in Might.

(Reporting by Federico Maccioni, modifying by Cristina Carlevaro)