Binance Is Not Leaving Singapore, CEO Zhao Says

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Bloomberg Technology published this video item, entitled “Binance Is Not Leaving Singapore, CEO Zhao Says” – below is their description.

Binance CEO Changpeng Zhao discusses crypto regulation, the company’s operations in Singapore and the U.K., and Elon Musk’s criticism of his experience signing up on the Binance platform. He speaks on “Bloomberg Surveillance Early Edition.”

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    Binance is a cryptocurrency exchange which is currently the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software.

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    Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia.

    The country’s territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country’s independence as a result of extensive land reclamation projects. It has the second greatest population density in the world. The country has almost 5.7 million residents, 61% (3.4 million) of whom are Singaporean citizens. There are four official languages of Singapore: English, Malay, Chinese, and Tamil; with English being the lingua franca.

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