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Where Will Be Binance New Global Headquarter? Let’s Find Out

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The world’s biggest crypto exchange by volume, Binance, is searching for a new global headquarters.



In recent months, Binance’s relationship with governments and regulatory agencies around the world has not been easy. European countries have placed Binance under surveillance and some banks have even banned customers from sending money to the exchange. In Asia, the Binance halted operations for Singapore customers as the country government did not facilitate Binance.

In recent months, CZ has confirmed that Binance will have regional offices in several countries, along with a headquarter in one specific country.

In November, CZ informed that he could choose France as Binance HQ, but there were also rumors indicating that Ireland might be the right country for the exchange.

Now the question is which country will become Binance headquarters, where exchange can perform all crypto activities in accordance with the law. The latest rumors are Dubai can become Binance HQ.

According to Bussiness Time, there are indications that Binance will soon sign a memorandum of understanding (MOU) with the Government of Dubai, which could make Dubai, Binance headquarters, the country where CZ already has an apartment. If confirmed, the mystery would come to an end, but complete details have not been revealed and it is still unclear whether this will be the global or regional headquarters.

Dubai is a country that is studying ways to regulate and combat crypto frauds. Local police are educated with technical components of crypto to protect citizens.

It is not clear what facilities this territory can offer Binance, which is moving closer and closer to a formal announcement of its global headquarters to further calm regulators.

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Jakkkhttps://thecryptobasic.com/
Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade and write on cryptocurrencies. My primary aim is to provide genuine information to cryptocurrency readers because crypto is filled with frauds and scams. Accurate information is scarce to get. So We at TheCryptoBasic will be providing accurate information about cryptocurrencies topics that users can trust.

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