Binance Nordics AB, which is the crypto exchange Binance’s local arm in Sweden, has reportedly received approval from the Swedish Financial Supervisory Authority on 10 January to manage and trade digital currencies in the country. The decision comes after Binance obtained similar regulators’ approval in France, Bahrain, Spain and Dubai to provide crypto services. The exchange stressed that great care had been taken to ensure that the local unit had adopted risk and AML policies to meet the regulatory standards in both the EU and Sweden.