Binance boss Changpeng Zhao (CZ) said France stands out as a “natural choice” to locate a regional or even global headquarters.“France will be a natural choice for a regional, and even perhaps global, head office.”Speaking to the French financial media group Les Echos, CZ talked about the challenge of setting up physical locations – a move prompted by the global regulatory … [Read more...] about CZ hints that France is in the running as the new Binance global headquarters
Binance
Binance Reports Resolving Issue With Its DOGE Wallet
Binance, the world’s largest cryptocurrency exchange, said on Monday it has resolved technical issues with its Dogecoin wallet that resulted in users’ accounts being frozen. The reason for the more than two-week long debacle was an unfortunate coincidence of events, “not quite the shady circumstances that some had suggested,” the exchange wrote in a blog post.“No single entity … [Read more...] about Binance Reports Resolving Issue With Its DOGE Wallet
Binance Registers Fourth Entity in Ireland: Report
Binance has registered a fourth legal entity in Ireland, according to a report by the Irish Independent.After years of decentralized operations, Binance is set to settle down on a global head office to ease compliance woes. Changpeng “CZ” Zhao, founder and CEO of the world’s largest crypto exchange, said on Nov. 19 that Binance had picked a location for its HQ.Binance set up … [Read more...] about Binance Registers Fourth Entity in Ireland: Report
Binance eyes “sovereign wealth funds” to battle regulatory troubles
The largest cryptocurrency exchange by trading volume, Binance, is planning to get funding from some global sovereign wealth funds for equity financing in its bid to improve its relationships with regulators around the world.Binance seeks funding from sovereign wealth fundsIn an interview with Financial Times, the CEO, Changpeng Zhao, who is currently the largest shareholder of … [Read more...] about Binance eyes “sovereign wealth funds” to battle regulatory troubles
Binance Seeks Investments From Sovereign Wealth Funds
Zhao hopes that Binance’s “perception and relationships” with regulators around the world would improve if sovereign wealth funds took a stake in the company, according to the report. “But it may also tie us to specific countries[,] ... which we want to be slightly careful with,” Zhao said. Source link … [Read more...] about Binance Seeks Investments From Sovereign Wealth Funds