Bitcoin
$ 49,861
Ethereum
$ 1,596.5
Litecoin
$ 194.26
okex ads

Binance Might Open Office in China

Binance, left China in September 2017 in response to the country’s ban on cryptocurrency trading but is now looking to open a new office in Beijing to accompany one operating in Shanghai.

Join the fastest growing network on Telegram

The move follows a series of events indicating warming relations between the company and the country, where it was founded by Changpeng Zhao in 2017 before its move to Malta. Binance is one of many companies in the crypto industry that seem to be growing friendlier with China.

Binance may be set to open up a new office in China, but it reportedly has a number of employees currently operating in the Chinese capital.

Crypto markets shook in October following the President of China’s announcement of support for blockchain innovation in the country. The next day after Xi Jingpin’s pledge of support, Bitcoin (BTC) dramatically surged by a reported 12% in what many saw as a result of Xi’s professed support.

Related Posts

Leave a Reply

Newsletter

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

Bank of Ghana Collaborates with EmTech on Deploying a Modern Central Bank Sandbox
February 25, 2021By
Dymic Digital Joins The Bitcoin Revolution
February 25, 2021By
Crypto ETF Race Is on with More Participants Joining In
February 25, 2021By

Advertisement

Video Posts

In
How Blockchain And Digital Assets Can Be Used Commercially
February 24, 20210
In
Blockchain For Business Growth And Transformation
February 24, 20210

Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin49,861 0.42 % 1.53 % 4.38 %
Ethereum1,596.5 0.67 % 0.87 % 13.50 %
Binance Coin248.53 0.44 % 1.82 % 51.89 %
Cardano1.140 0.68 % 10.67 % 28.25 %
Tether1.000 0.27 % 0.38 % 0.19 %
Polkadot33.40 0.40 % 1.43 % 4.61 %
XRP0.4654 0.33 % 0.25 % 13.26 %
Litecoin194.26 0.79 % 8.44 % 17.88 %
Chainlink27.48 1.15 % 1.42 % 14.79 %
Bitcoin Cash529.40 0.61 % 1.71 % 26.17 %