Despite the lack of specific details surrounding the policy change, HashKey assures users that the change only affects transactions involving Binance wallets.
Binance is a cryptocurrency exchange platform that combines digital technology and finance.
Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, and Info. Binance Exchange is one of the fastest growing and most popular cryptocurrency exchanges in the world.
The company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September 2017. By March 2018 the company had established offices in Taiwan. As of September 2018 it was largest crypto-exchange with a BNB market capitalization of $1.3 billion.
Despite the lack of specific details surrounding the policy change, HashKey assures users that the change only affects transactions involving Binance wallets.
Richard Teng cautioned that the extent of future growth will depend on various factors, including overall market sentiment and rates of adoption.
The financial watchdog in South Korea didn’t approve the leadership change for Crypto.com, indicating regulatory hurdles for the exchange.