The world’s largest crypto exchange Binance is in talks with several jurisdictions for considering its headquarters, disclosed Binance CEO Richard Teng at the Paris Blockchain Week. Regulators and courts have raised concerns over the lack of headquarters for the crypto exchanges despite handling significant trading volumes.
Binance to Announce Headquarters Soon, Says CEO Richard Teng
During the Paris Blockchain Week, Binance CEO Richard Teng said the crypto exchange is carefully considering headquarters and in constructive discussions in many countries. The company has not yet made any decision but an official announcement on its headquarters will be out as soon as the decision is final.
“Our commitment extends beyond mere compliance; we aspire to elevate our standards, showcasing a demonstrable willingness to adhere to all regulations. A robust program instills confidence in our users,” said Richard Teng.
Binance continued to work extensively with regulators around the globe, bu
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