The co-founders of crypto exchange, Huobi Global, created a new entity in Beijing on November 15, according to the Beijing government’s company registry.The new entity is listed under the name Beijing Chiyu Mushou.Enterprise information database Tianyancha shows that the company has RMB 1 million ($156,000) in registered capital. Leon Li, the founder and CEO of Huobi, has a … [Read more...] about Huobi Co-Founders Set Up New Chinese Entity
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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
Nexus Mutual moves to sundown legal entity, lift KYC requirements
In a move that could point towards greater decentralization and wider access, the Nexus Mutual community is currently considering a proposal to sunset the coverage protocol’s legal entity and lift Know Your Customer (KYC) burdens currently necessary to interact with the platform.The proposal was announced yesterday in a Tweet by investment fund 1kx co-founder Christopher … [Read more...] about Nexus Mutual moves to sundown legal entity, lift KYC requirements