Binance, the world’s leading crypto exchange is planning to establish multiple regional headquarters around the globe, said the CEO of the exchange Changpeng Zhao. The comments came in light of growing global regulatory scrutiny against the crypto exchange. It is currently facing regulatory actions in nearly a dozen countries including Hong Kong, Thailand, and Itlay.
BINANCE CEO SAYS CONSIDERING ESTABLISHING MULTIPLE REGIONAL HEADQUARTERS AROUND THE WORLD
BINANCE CEO SAYS WANT TO BE LICENSED EVERYWHERE, WILL WORK WITH REGULATORS EVERYWHERE
— *Walter Bloomberg (@DeItaone) July 27, 2021
Regulators over the past month have highlighted that Binance’s lack of headquarters is a big concern. CZ said they are working to become licensed everywhere and will work with regulators to sort out current issues. The crypto exchange has also been warned by regulators for offering services without registering or obtaining the necessary permission to do so.
At a time when rival crypto exchanges
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