From adding support for fiat currencies to launching its own Binance Chain and Binance Coin, the exchange is always looking for new ways to bring value to its clients. In the short time Binance has been around, it has launched a mountain of new features, and it also enjoys a vibrant and active community of traders. Since its inception in 2017, it has been led by its founder Changpeng Zhao and has continued to feature low trading fees and the innovation that has made it so popular in the crypto community. It’s the leading global cryptocurrency exchange, plus as you’ll soon learn in this Binance review, offers a whole lot more. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.Anyone involved in cryptocurrencies has likely heard the name Binance already. This article is published on BitPinas: Binance Joint Venture Receives Crypto License in Thailandĭisclaimer: BitPinas articles and its external content are not financial advice. The company, however, also has licenses in several jurisdictions, including, France, Italy, Bahrain, and the United Arab Emirates.Īdditional details about Binance’s new digital asset business in Thailand will be released at a later date. Its derivatives license in Australia was also cancelled amid a regulatory probe. It has decided to withdraw from Canada after a new regulatory guideline was announced in the country. (Disclosure: Richard Teng contributed an article to BitPinas in the past.) Binance Globallyīinance had been at the crosshairs of regulators in the last few months. Local users can expect access to a trusted and regulated service that prioritizes user security alongside compliance with local regulations,” Teng said. “By harnessing Binance’s expertise together with Gulf’s established local presence and network, Gulf Binance aims to showcase the full potential of blockchain technology to meet the needs of Thai users. In a statement, Richard Teng, Binance Regional Head of Asia, Europe, and MENA (Middle East and North Africa) said Thailand has a thriving crypto space in the region.
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