BINANCE moving to malta
One of the world’s largest cryptocurrency exchange by traded value is seeking a fresh start on a little Crypto island in the Mediterranean.
Binance, founded last year in Hong Kong, will soon start a “fiat-to-crypto exchange” in Malta. In an interview, Zhao Changpeng stated that it is planning to open an office on the island. He added that the company mission is currently close to securing a deal with local banks that can provide access to deposits and withdrawals.
Zhao mentioned that “Malta is very progressive when it comes to crypto and fintech.”
I wonder how long it will take big countries that over-regulate to realise that little crypto havens are now making all the money? Well, not quite yet, but soon they will. Then those big countries with all their rules are suddenly going to be VERY sorry that they chased crypto away!
absolutely they will miss binance and its profits.