Is Binance allowed in Europe?

Could you please clarify, is Binance permitted to operate in Europe? I've heard conflicting information about its legality in various European countries. Could you provide a concise overview of the current regulatory status of Binance in Europe? Is it fully compliant with all European financial regulations, or are there specific countries where it's restricted or unregulated? Your insight would be greatly appreciated as I'm considering using Binance for my cryptocurrency transactions.