Binance – the world’s largest cryptocurrency exchange by trade value, plans to open office in Malta - Nexia BT

Binance – the world’s largest cryptocurrency exchange by trade value, plans to open office in Malta

//Binance – the world’s largest cryptocurrency exchange by trade value, plans to open office in Malta

Binance – the world’s largest cryptocurrency exchange by trade value, plans to open office in Malta

Binance, the Hong Kong-based exchange has announced concrete plans of setting up office in Malta.

Zhao Changpeng, CEO of Binance, was reported on Bloomberg to say that they are currently negotiating with banks in Malta to set up a formal banking relationships. This would allow Binance to add crypto-to-flat trading pairs to its current service line of cryto-to-crypto trading.

In April 2017, Malta rolled out an ambitious strategy for blockchain technology with the aim of becoming a ‘Silicon Valley’ for Europe and is in the process of setting up a Malta Digital Innovation Authority to certify blockchain companies and establish a legal framework for initial coin offerings (ICOs).

By | 2018-03-27T13:55:19+00:00 marzo 27th, 2018|News|0 Comments

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