According to the CEO of the exchange, this may happen within the next 6-12 months

Binance will open headquarters in France

12.11.2021 - 08:55

557

1 min

What’s new? The head of the largest cryptocurrency exchange Binance, Changpeng Zhao, in an interview for Les Echos has announced plans to open a full-fledged headquarters in France.

The full version of the interview

What other statements were made? During the interview, Changpeng Zhao stressed that France had become a “natural choice for a regional and possibly global head office”. Within 6-12 months, the exchange may become a digital asset service provider in this country.

Among the main goals of this decision, the CEO of the exchange highlighted the desire to operate in full compliance with regulatory rules. Together with having physical offices where customers may resolve potential problems, this will gain the trust of 95% of the global population that does not yet use digital assets in their daily lives.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy