Earlier this week, the largest cryptocurrency exchange Binance launched its second crypto-fiaty exchanger on the British island of Jersey. How did you find The Block, this company’s plans are not limited. Currently Binance is considering launching a crypto-Fiat exchanges on every continent of the world.
According to sources, The Block, in the nearest plans of the company launching such platforms in Singapore and Malta. The indicative timing of 2019.
Russia, South Korea, Liechtenstein, Argentina and Turkey have the status “planned”, without specifying any dates, and Bermuda – “under consideration”.
It should be noted that although the crypto-Fiat exchanges are based on technology Binance, they are registered as separate legal entities.
To minimize problems with regulators, all crypto-Fiat exchange in the first phase will only support two cryptocurrencies – Bitcoin and Ethereum.
Recall that its the first crypto-fiaty exchanger Binance launched in Uganda.