Binance Looks to Malta for Fresh Start, Planning to Open Local Office

[kreslik.news]

Caught in the midst of regulatory constraints in Asia, Binance is seeking a reboot in a friendlier jurisdiction. The world’s largest crypto exchange has set its sights on Malta, looking to soon open a new office on the Mediterranean island.

After being in operation for just one year, the Hong Kong-based crypto exchange has risen the ranks as the world’s largest by traded value. Launching a new office on Malta represents a different stroke entirely, as the group shifts its focus to Europe, per a Bloomberg report. Binance is hoping Maltese authorities are more open to cryptos, as the exchange is ... (read more)