Binance Location

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    Binance was founded in China but had to move their headquarters and servers to Japan after the Chinese government banned cryptocurrency trading in the country and by March of 2018 they had established offices in Taiwan.

    Binance later announced that they are moving their offices to Malta after warning by the Japanese government to Binance on the status of their registration. Malta is a crypto-friendly country with a government whose regulations have attracted many offshore financial institutions and is the ideal location for the exchange to grow further.

    Malta is working towards positioning themselves as a benchmark Country in terms of legal regulations, of cryptos, they even formed a commission to oversee the same, showing the Maltese government enthusiasm in the value of distributed ledger technology, this is just one of the myriad of incentives that are attracting foreign capital to Malta.

    Answered on August 5, 2019.
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